Problem 12-2A (Part Level Submission) In January 2015, the management of Kinzie Company concludes that it has sufficient cash permit some short-term investments in debt and stock se uricies. During the year, the following transactions occurred. Feb. I Purchased 600 shares of Muninger common stock for $31,000. Mar. 1 Purchased 640 shares of Tatman common stock for $14,720. Ape 1 Purchased 50 $1,200,6% Yoakem bonds for $60,000. Interest is payable semiannually on April 1 and October 1. July 1 Received a cash dividend of 50-60 per share on the Muninger common stock Aug 1 Sold 100 shares of Mininger common stock at $64 per share. Sept. 1 Received a $1 per share cash dividend on the Tatman common stock Oct. 1 Received the semiannual interest on the Yoakem bonds. Oct, 1 Sold the Yoakem bonds for $99.000 At December 31, the fair wue of the Muninger common stock was $54 per share. The for value of the Taman (b) Prepare the adjusting entry at December 31, 2015, to report the investments at fair value. All securities are considered to be trading securities. (Credit account titles are required, select "No entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Unrealised Loss-Income Fair Value Adjustment-Tra SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT (0) The parts of this question must be completed in order. This part ww be available when you complete the part above