I cannot figure out why the value of $12,275 is wrong, please help. Thank you!

Problem 15-2A (Algo) Recording, adjusting, and reporting available-for-sale debt securities LO P3 [The following information applies to the questions displayed below.] Mead Incorporated began operations in Year 1. Following is a series of transactions and events involving its long-term debt investments in available-for-sale securities. Year 1 January 20 Purchased Johnson \& Johnson bonds for $22,500. February 9 Purchased Sony notes for $57,240. June 12 Purchased Mattel bonds for $42,500. December 31 Fair values for debt in the portfolio are Johnson \& Johnson, $24,900; Sony, $48,550; and Mattel, $52,650. January 20 Purchased Johnson \& Johnson bonds for $22,500. February 9 Purchased Sony notes for $57,240. June 12 Purchased Mattel bonds for $42,500. December 31 Fair values for debt in the portfolio are Johnson \& Johnson, \$24,900; Sony, \$48,550; and Mattel, $52,650. Year 2 April 15 Sold all of the Johnson \& Johnson bonds for $25,500. July 5 Sold all of the Mattel bonds for $37,250. July 22 Purchased Sara Lee notes for $13,100. August 19 Purchased Kodak bonds for $16,700. December 31 Fair values for debt in the portfolio are Kodak, \$18, 025; Sara Lee, \$14, 000 ; and Sony, $60,000. Year 3 February 27 Purchased Microsoft bonds for $161,000. June 21 Sold all of the Sony notes for $59,200. June 30 Purchased Black \& Decker bonds for $52,400. August 3 Sold all of the Sara Lee notes for $11,550. November 1 Sold all of the Kodak bonds for $21,775. December 31 Fair values for debt in the portfolio are Black \& Decker, \$55, 80; and Microsoft, $159,000. Journal entry worksheet Fair values for debt in the portfolio are: Black \& Decker, $55,800; and Microsoft, $159,000. Note: Enter debits before credits