Stoll Co.'s long-term available for sale portfolio at the start of this year consists of the following. Available-for-Sale Securities Company A bonds Company B notes Company C bonds Cost $534,300 159,49 661,9ee Fair Value $490, eee 148,888 644,280 Stoll enters into the following transactions involving its available-for-sale debt securities this year. Jan. 29 Sold one-half of the Company B notes for $78,5ee. July 6 Purchased bonds of Company X for $120,600. Nov. 13 Purchased notes of Company Z for $267,000. Dec. 9 Sold all of the bonds of Company A for $519, eee. The fair values at December 31 are B, $83,900; C. $608,900; X, $100,000; and Z. $275,000. 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. Required 1 Required 2 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. No Date General Journal Debit Credit Jan. 29 DO Required 1 Required 2 Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available for sale securities. Fair Value Adjustment Computation Available-for-Sale Securities December 31 AFS Securities Cost Fair Value Unrealized Amount Total 0 $