Please provide explanation

Problem 15-2A (Algo) Recording, adjusting, and reporting available-for-sale debt securities LO P3 [The following information applies to the questions displayed below] Mead incorporated began operations in Year 1 Following is a series of transactions and events involving its long-term debt investments in avallable-for-sale securities. Year 1 January 20 . Purchased Johnson \& Johnson bonds for $26,5e. February 9 Purchased Sony notes for $60,840. June 12 Purchased Hattel bonds for $46,500. Year 2 April 15 Sold all of the Johnson \& Johnson bonds for $29,509. July 5 sold all of the Mattel bonds for $40,ese. July 22 Purchased Sara Lee notes for $16,3e8. August 19 Purchased Kodak bonds for $19,509. December 31 fair values for debt in the portfolio are Kodak, \$19,425; 5ara Lee, \$18, ee0; and \$ony, \$63, eee. Year 3 February 27 Purchased Microsoft bonds for $159,400. June 21 Sold all of the Sony notes for $52,400. June 30 Purchased slack \& Decker bonds for $56,400. August 3 Sold all of the Sara lee notes for $15,150. November 1 Sold all of the Kodak bonds for $24,375. December 31 Fair values for debt in the portfolio are Black 8 Decker, $58,260; and Microsoft, $159,800. Problem 15-2A (Algo) Part 2 2. Complete the following table that summarizes the (o) total cost, (b) total fair value adjustment, and (c) total fair value of the portfolio of long-term available-for-sale debt securities at each year-end Note: Loss amounts should be indicated with a minus sign