prepare journal entries to record these transactions and the year end fair value adjustments to the portfolio of long term available for sale debt securities

Year 1 Jan. 20 Purchased Johnson \& Johnson bonds for $20.500. Feb. 9 Purchased Sony notes for $55,440. June 12 Purchased Mattel bonds for $40,500. Dec. 31 Fair values for debt in the portfolio at Jotinson \& Johnson, $21.500, Sony, $52.500 and Mattel, 546,350 . Year 2 Apr 15 Sold all of the Johnson \& Johnson bonds for 523.500. July 5 Sold all of the Mattel bonds for $35,850. July 22 Purchased Sara Lee notes for $13,500. Aug. 19 Purchased Kodak bonds for \$15,300. Dec. 31 Fair values for debt in the portfolio are Kodak, \$17,325, Sara Lee, \$12,000, and Sony, \$60,000. Year 3 Feb. 27 Purchased Microsont bonds for $160,800 June 21 Sold all of the Sony notes for $57,600. June 30 Purchased Black \& Decker bonds for $50,400. Aug. 3 Sold all of the Sara Leenotes for $9,750. Noy. I Sold all of the Kodak bonds for $20.475. Dec. 31 Fair values for debt in the portfolio are Black \& Decker, \$54,600, and Microsoft, \$158,600