Mead Inc. began operatlons In Year 1, followng Is a serles of transactions and events Involving Its long-term debt Investments In avallable-for-sale securitles. Year 1 Jan. 20 Purchased Johnson & Johnson bonds for $20,500. Feb. 9 Purchased notes of Sony for $55,44e. June 12 Purchased bonds of Mattel for $40,500. Dec. 31 Fair values for debt in the portfolio are Jehinson & Johnson, $21,509; Sony, $52,500; and Mattel, $46,350. Year 2 Apr. 15 Sold all of the bonds of Johnsen & Johnson for $23, 500. July S Sold all of the bonds of Mattel for $35,850. July 22 Purchased notes of Sara Lee for $13,580, Aug 19 Purchsed bunds ot Kodak for $15, 300. Dec. 31 Fair values for debl in the portfolio are Kodak, $17, 325; Sara Lee, $12,000; and Sony, S6e, see. Year 3 Teb. Purche nds of Microsoft for $160,800. June 21 Sold ell of the notes of Sory for $57,60. June 38 Purchased bonds of Black & Decker for $50,400. Auge I Scd all of the notes of Sara Lee for $9,750. 1 Sold all of Ue tonds of Kodak for $20,475. D Tainxelues tor debt In the portfollo are Dlack& Decker, $54,ce0, and Microsoft, $158, 600. 3 Complete tne following table that summarizes (a) the reallzed galns and losses and (6) the unrealized galns or losses for the pordolo of longsermavallable-for-sale debt securities at each year-end. (Losses should be Indicated by a minus sign.) Year 1 Year 2 Year 3 Realzed gans (losses Sale of Johnson & Johnson Sale of Mentel Sale of Bony Sale of Gara Lee Sele of Kodar Tota realized gansosses) Jnves bed gains (O5ses at year-end