Help Sa On December 31, ABC Company held the following short-term investments in its portfolio of available for sale debt securities. ABC had no short-term investments in its prior accounting periods. Available-for-Sale Securities Verrizano Corporation bonds Preble Corporation notes Lucerne Company bonds Cost $60,000 41,eee 56,eee Fair Value $58,800 36,490 53,760 (a) After the fair value adjustment is made, prepare the assets section of Reggit Company's December 31 classified balance sheet. (b) is the unrealized gain (or loss) on the portfolio of available for sale securities reported on the income statement? Complete this question by entering your answers in the tabs below. Required A Required B After the fair value adjustment is made, prepare the assets section of Reggit Company's December 31 Classified balance sheet. (Amounts to be deducted should be indicated with a minus sign.) REGGIT COMPANY Assets Section of Balance Sheet December 31 Assets $ 58,8001 36,400 Required B Required A Help On December 31, ABC Company held the following short-term investments in its portfolio of available for sale debt securities. ABC had no short-term investments in its prior accounting periods. Available-for-Sale Securities Verrizano Corporation bonds Preble Corporation notes Lucerne Company bonds Cost $60,eee 41,080 56,000 Fair Value $58,888 36,490 53,760 :) After the fair value adjustment is made, prepare the assets section of Reggit Company's December 31 classified balance s -) Is the unrealized gain (or loss) on the portfolio of available for sale securities reported on the income statement? Complete this question by entering your answers in the tabs below. Required A Required B Is the unrealized gain (or loss) on the portfolio of available for sale securities reported on the income statement? No the unrealized gain for loss) on the portfolio of available for sale securities reported on the income statement?