Stoll enters into the following long-term investment transactions during year 2013. Jan. 29 Sold 3, 500 shares of Company B common stock for $79, 188 less a brokerage fee of $1, 500. Apr. 17 Purchased 10,000 shares of Company W common stock for $197, 500 plus a brokerage fee of $2, 400. The shares represent a 30% ownership in Company W. July 6 Purchased 4, 500 shares of Company X common stock for $126, 562 plus a brokerage $1, 750. The shares represent a 10% ownership in Company Aug. 22 Purchased 50,000 shares of Company Y common stock for $375,000 plus a brokerage $1, 200. The shares represent a 51 % ownership in Company Y. Nov. 13 Purchased 8, 500 shares of Company Z common stock for $267, 900 plus a brokerage $2, 450. The shares represent a 5% ownership in Company Z. Dec. 9 Sold 40,000 shares of Company A common stock for $515,000 less a brokerage fee of $4, 100. The fair values of its investments at December 31, 2013, are: B, $81, 375; C, $610, 312; W, $191, 250; X, $118, 125; Y, $531, 250; and Z, $278, 800. Required Determine the amount Stoll should report on its December 31, 2013, balance sheet for its long-term investments in available-for-sale securities. Prepare any necessary December 31, 2013, adjusting entry to record the fair value adjustment for the long-term investments in available-for-sale securities. What amount of gains or losses on transactions relating to long-term investments in available-for-sale securities should Stoll report on its December 31, 2013, income statement