Kouchibouguac Inc. reports the following cost and fair values for its investment portfolio of available-for-sale securities at June 30:

	2007	2008	2009
Cost	$269,000	$269,000	$269,000
Fair Value	260,500	275,400	281,200

Instructions:

a) Prepare the required adjusting entry to report the investment portfolio at its fair value at June 30 of each year.

b) Provide the balance in the Accumulated Other Comprehensive Income (Loss) account at June 30 of each year, assuming the opening balance at July 1, 2006, was nil.

c) Indicate where accumulated other comprehensive income is reported in the financial statements.