Required 1. Prepare journal entries to record these transactions. 2. Prepare a table to compare the year-end cost and fair values of its trading debt securities. Year-end fair values: Verizon, $26,500; Apple, $31,000; and Walmart, $48,000. 3. Prepare the adjusting entry to record the year-end fair value adjustment for the portfolio of trading debt securities. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a table to compare the year-end cost and fair values of its trading debt securities. Year-end fair values: Verizon, $26,500; Apple, $31,000; and Walmart, $48,000. Portfolio of Trading Securities Verizon bonds Apple bonds Walmart bonds Total $ 69 Cost Fair Value Unrealized Amount 0 < Prev 0 7 of 22 Next