Prepare the adjusting entries to report: (1) Trading securities at fair value and (2) Available-for-sale securities at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit (1) Fair Value Adjustment Trading Unrealized Gain or Loss-Income 6700 (2) Unrealized Gain or Loss Equity 12000 6700 Fair Value Adjustment Available for Sale 12000 (b) Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts. Wildhorse Company Balance Sheet (Partial) Wildhorse Company Income Statement (Partial) Wildhorse, Company Comprehensive Income Statement $ Prepare the adjusting entries to report: (1) Trading securities at fair value and (2) Available-for-sale securities at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit (1) Fair Value Adjustment Trading Unrealized Gain or Loss-Income 6700 (2) Unrealized Gain or Loss Equity 12000 6700 Fair Value Adjustment Available for Sale 12000 (b) Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts. Wildhorse Company Balance Sheet (Partial) Wildhorse Company Income Statement (Partial) Wildhorse, Company Comprehensive Income Statement $