Fair Value Journal Entries, Available for Sale Investments The investments of Steelers Inc. include a single investment: 6,600 shares of Bengals inc. common stock purchased on September 12, Year 1, for 514 per share inouding brokerage commission. These shares were classified as available for-sale securities. As of the December 31, Year 1, balance sheet date, the share price declined to $11 per share a. Journalize the entries to acquire the investment on September 12 and record the adjustment to our value on December 31, Year! Year 1 Sept. 12 Year 1 Dec. 31 b. How is the unrealized gain or loss for available for sale investments disclosed on the financial statements? Unrealized Gain (Loss) on Available for Sale Investment is reported in the of the