Kitty Company began operations in 2016 and maintains short-term investments in trading securities. The year-end cost and fair values for its portfolio of these investments follow. Fair Value $39 Portfolio of Trading Securities December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 Cost $45 46 64 64 54 72 59 Prepare journal entries to record each December 31 year-end fair value adjustment for these above securities Answer is complete but not entirely correct. General Journal No Dato Debit Credit 1 Dec 31, 2016 Unrealized loss income 6 Fair value adjustment Trading (ST) 6 2 Dec 31, 2017 14 Fair value adjustment ---Trading (ST) Unrealized gain--Income 14 3 Dec 31, 2018 0 3 Fair value adjustment-Trading (ST) Unrealized gain-Income 0 4 Dec 31, 2018 10 > Unrealized loss-Income Fair value adjustment- Trading (ST) 10