Stoll Co.s long-term available-for-sale portfolio at December 31, 2014, consists of the following.

Available-for-Sale Securities	Cost			Fair Value
65,000 shares of Company A common stock	$	1,035,600		$	950,000
20,000 shares of Company B common stock		330,750			320,000
30,000 shares of Company C common stock		1,346,500			1,299,875

Stoll enters into the following long-term investment transactions during year 2015.

Jan.	29		Sold 10,000 shares of Company B common stock for $164,375 less a brokerage fee of $3,000.
Apr.	17		Purchased 21,000 shares of Company W common stock for $425,000 plus a brokerage fee of $2,700. The shares represent a 30% ownership in Company W.
July	6		Purchased 13,000 shares of Company X common stock for $256,125 plus a brokerage fee of $2,700. The shares represent a 10% ownership in Company X.
Aug.	22		Purchased 100,000 shares of Company Y common stock for $550,000 plus a brokerage fee of $7,500. The shares represent a 51% ownership in Company Y.
Nov.	13		Purchased 17,000 shares of Company Z common stock for $530,800 plus a brokerage fee of $5,500. The shares represent a 5% ownership in Company Z.
Dec.	9		Sold 65,000 shares of Company A common stock for $1,010,000 less a brokerage fee of $4,100.

The fair values of its investments at December 31, 2015, are:

	Fair Value
B	$	165,750
C	$	1,223,625
W	$	385,500
X	$	239,250
Y	$	1,065,500
Z	$	560,600

&2.	Determine the amount Stoll should report on its December 31, 2015, balance sheet for its long-term investments in available-for-sale securities. and Prepare any necessary December 31, 2015, adjusting entry to record the fair value adjustment for the long-term investments in available-for-sale securities.
	Record the year-end adjusting entry for the securities portfolio as of December 31, 2015.