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Required information (The following information applies to the questions displayed below) Stoll Company's long-term available-for-sole portfollo at the start of this year consists of the

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Required information (The following information applies to the questions displayed below) Stoll Company's long-term available-for-sole portfollo 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-hait of the conpany B noten for \$7a, 20. July 6 Purehaned Coepany x bondi for $122,100. noverber 13 Purobased Company z notein for $267,300. Decerber 9 fold all of the Coepany A bonde for $524,600. Fair values at December 31 are 8,$82,300;C,$603,800;x,$120,000; and Z,$276,000. Required: 1. Prepare journal entries to record these transactions, including the December 31 adjusting entry to record the fair valueadjustment for the long-term investments in avallable-for-sale securities. 2. Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in avallable-for-sale securities. Complete this question by entering your answers in the tabs below. Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available-for-sale securities

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