Required information Problem 15-3A 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 Co.'s long-term available-for-sale portfolio at the start of this year consists of the following. of 2 Available for sale Securities Company A bonds Company B notes Company C bonds Cost $531,500 159,040 663,000 Fair Value $495,000 145,000 641,100 pped look Stoll enters into the following transactions involving its available-for-sale debt securities this year. Jan. 29 sold one-half of the Company notes for $78,200. July 6 Purchased bonds of Company X for $120,700. Nov. 13 Purchased notes of Company for $268.000. 20:00: Dec. sold all of the bonds of Company A for $515,200. The fair values at December 31 are B, $83,500; C, $605,700; X, $108,000; and Z. $280,000. Problem 15-3A 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 vour answers in the tabs below.