I need help with whats highlighted. Thanks!Stoll Co.s long-term available-for-sale portfolio at December 31, 2014, consists of the following. Available-for-Sale Securities Cost Fair Value 40,000 shares of Company A common stock $ 1,030,600 $ 900,000 10,000 shares of Company B common stock 320,750 310,000 25,000 shares of Company C common stock 1,329,000 1,284,875 Stoll enters into the following long-term investment transactions during year 2015. Jan. 29 Sold 5,000 shares of Company B common stock for $159,375 less a brokerage fee of $2,500. Apr. 17 Purchased 20,000 shares of Company W common stock for $400,000 plus a brokerage fee of $2,200. The shares represent a 30% ownership in Company W. July 6 Purchased 8,000 shares of Company X common stock for $253,625 plus a brokerage fee of $2,200. The shares represent a 12% ownership in Company X. Aug. 22 Purchased 100,000 shares of Company Y common stock for $500,000 plus a brokerage fee of $7,000. The shares represent a 51% ownership in Company Y. Nov. 13 Purchased 12,000 shares of Company Z common stock for $533,300 plus a brokerage fee of $5,000. The shares represent a 5% ownership in Company Z. Dec. 9 Sold 40,000 shares of Company A common stock for $1,027,000 less a brokerage fee of $4,100. The fair values of its investments at December 31, 2015, are: Fair Value B $ 163,250 C $ 1,221,125 W $ 383,000 X $ 236,750 Y $ 1,063,000 Z $ 558,100 1.value: 10.00 pointsRequired information 1 &2. Determine the amount Stoll should report on its December 31, 2015, balance sheet for its long-term investments in available-for-sale securities. and Prepare any necessary December 31, 2015, adjusting entry to record the fair value adjustment for the long-term investments in available-for-sale securities.

Fair Value Adjustment Computation - Available-for-Sale Securities Fair Value Unrealized Amount Gain or Loss? December 31, 2015 AFS Securities Company B common stock Company C common stock Company X common stock # of shares Cost 5,000 160,375 163,250 25,000 1,329,0001,221,125 236,750 8,000 255,825 Company Z common stock 12,000 538,300 558,100 Total $2,283,500 $2,179,225$ 104,275 Loss $ 104,275 Required December 31, 2015 Balance in the Fair Value Adjustment account December 31, 2014 Balance in the Fair Value Adjustment account December 31, 2015 required adjustment to the Fair Value Adjustment account Credit Credit Debit Fair Value Adjustment(AFS) Balance 12-31-2015 104,275