Please answer all parts

The following information shows Carperk Company's individual investments in securities during its current year, along with the December 31 fair values. a. Investment in Brava Company bonds: $450,500 cost; $489,694 fair value. Carperk intends to hold these bonds until they mature in 5 years. b. Investment in Baybridge common stock: 29,500 shares; $358,148 cost; $389,307 fair value. Carperk owns 32% of Baybridge's voting stock and has a significant influence over Baybridge. c. Investment in Duffa bonds: $184,705 cost; $199,112 fair value. This investment is not readily marketable and is not classified as heldto-maturity or trading. d. Investment in Newton notes: $102,714 cost: $100,968 fair value. Newton notes are not readily marketable and are not classified as held-to-maturity or trading. e. Investment in Farmers common stock: 16,300 shares; $112,625 cost; $119,608 fair value. This stock is marketable, and Carperk intends to sell it within the year. This stock investment results in Carperk having an insignificant influence over Farmers. Required: 1. Identify whether each investment should be classified as a short-term or long-term investment. For each investment, indicate in which of the six investment classifications it should be placed. 2. Prepare a journal entry dated December 31 to record the fair value adjustment for the portfolio of available-for-sale debt securities. Carperk had no avallable-for-sale debt securities prior to this year. Identify whether each investment should be classifled as a short-term or long-term investment. For each investment, indicate in which of the six investment classifications it should be placed. Identify whether each investment should be classifled as a short-term or long-term investment. For each in which of the six investment classifications it should be placed. Identify whether each investment should be classified as a short-term or long-term investment. For each in in which of the six investment classifications it should be placed. Journal entry worksheet Record the fair value adjustment for the portfolio of available-for-sale debt securities. Carperk had no available-for-sale debt securities prior to this year. Note: Enter debits before credits