Required information Problem 15-3A (Algo) Debt investments in available-for-sale securities; unrealized and realized gains and losses LO P3 [The following information applies to the questions displayed below] Stoll Company's long-term avallable-for-sale portfolio at the start of this year consists of the following. Stoll enters into the following transactions involving its available-for-sale debt securities this year. January 29 Sold one-half of the Conpany 8 notes for 378,000 . July 6 Purchased Company x bonds for $123,600. Novenber 13 Purchased Company z notes for $267,900. December 9 5old all of the Conpany A bonds for $518,300. Fair values at December 31 are B. $84,300,C,$604,800,X,$100,000, and Z, $288,000 Problem 15.3A (Algo) Part 1 and 2 Required: 1. Prepare journal entries to record these transactions, including the December 31 adjusting entry to record the fair value adjustment for the long-term investments in available-for-sale securities. 2. Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available-for-sale securities. Complete this question by entering your answers in the tabs below. Prepare journal entries to record these transactions, Including the December 31 adjusting entry to record the fair value adjustment for the long-term investments in available-for-sale securities. Prepare journal entries to record these transactions, including the December 31 adjusting entry to record the fair value adjustment for the long-term investments in available-for-sale securities. Journal entry worksheet Journal entry worksheet 5 Journal entry worksheet 5 Journal entry worksheet 1 5 Sold all of the Company A bonds for $518,300. Note: Enter debuts before credits. Journal entry worksheet 1 2 Record the year-end adjusting entry for the securities portfolio as of December 31. Note: Enter debits before credits. Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available-for-sale securities. Required 1