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January :o shurchased Jahnson s Johnsoo boods for $24,50% february 3 Purchssed 530y notei for 559,049. oune 12 Purchased Mattel bonds for 144,300. Yeser 2

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January :o shurchased Jahnson s Johnsoo boods for $24,50% february 3 Purchssed 530y notei for 559,049. oune 12 Purchased Mattel bonds for 144,300. Yeser 2 Aeril is sold al1 of ehe Johnson 3 Johtson bonds for 827,500 . July 5 sold all of the Fatted bond for 530,650 . Buly: 22 Purchased sara lee notes for 516,7po ? August 19 Purchosed rodak bonds for $18,109. Decenberi31 Fatr values for debt in the portfolio ace vodak, 516,725 ; Sara tee, 516, 000; and Sony, F6.,000. Year 3 fitbruaty 27. Purchased Hicrosoft bonds for 3161,200. June 21 Sold all of the sony notes for fedj tevo. Jutie 30 Purchared bleck b Decker bonds for 554,400. Aurust 3 sold a11 of the sara tee noter for $13,350. Asveeber 1 sold all of the kodak bonds far 123, a75. Oectaber 31 fald values for debt in the portfalip are black b. becker, 557, 000, and Hicrosoft, 5159, a00. 2 Complete the following table that summarizes the (a) total cost. (b) total foir value adjustment, and (c) total fair value of the portfollo af long-term available-fot-sale debl securities at cach year-end Note: Loss amounts should be Indicated with o minus sign. Mead incorporated began operations in Year 1. Following is a series of transactions and events involving its long-erm debt investments in avallable for-sale securites Year 1 Jonuary 20 furchased Jehavon 6 gohnion boods for 324 , 50e. rebruacy 9 furchesed 560y netes for 559 , 040. June 12 Purclured mattel boods for 344,50e Year 2 April is sold all of the Johmon s zohnson konds for $27, se.. Joly 5 : Sold all of the Mattel bond for 130,650 . August 19 Purchased kodak bonts tor 118,100. becesben 31. Falr values for debt in the pertfolsa are Kodak, 31n, 22s. Sara lee, 516,000 s and Soriy, 562,000: Year 3 February 27 Aurchasd Micresoft bonds for 3161,200 . June 21 Sold a11 of the sany notes for 560,600 . June so Rurchated olack is oecker bonds for 154,400 . harust. 3 seld al1 of the sare lee ootes for 311, 35e. Novemeber 1 Sold all of the kidak bonds for 123,075 . flecember 31 fair welues for debt in the portfolio are slack \& obecher, 357 , 60ej and microsoft, 5159,460 . 2 Complete the following table that summarizes the fa) total cost, (b) total fair value adjustment and ( G total fair value of the portfolio of iongterin available-for-sale debt securites at each year-end. Note: Loss omounts should be indicated with o minus sign

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