Ivanhoe Company has the following data at December 31, 2020. Securities Cost Fair Value Trading $119,800 $126,000 Available-for-sale 100,700 93,600 The available-for-sale securities are held as a long-term investment. (a) Your answer is partially correct. Try again. Prepare the adjusting entries to report: (1) Trading securities at fair value and (2) Available-for-sale securities at fair value.( entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for en No. Account Titles and Explanation Debit Credit (1) Fair Value Adjustment-Trading 6200 x 6200 Unrealized Gain or Loss-Equity 7100 (2) Unrealized Gain or Loss-Equity 7100 Fair Value Adjustment-Available for Sale (b) Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts. Ivanhoe Company Balance Sheet (Partial) > > Ivanhoe Company Income Statement (Partial) Ivanhoe, Company Comprehensive Income Statement $