Sunland Company has these data at December 31, 2022, the end of its first year operations. Debt Securities Cost Fair Value Trading $143,000 $158,600 Available-for-sale 130,000 124,800 The available-for-sale securities are held as a long-term investment. (a) Your answer is partially correct. Prepare the adjusting entries to report each class of securities at fair value. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Fair Value Adjustment-Trading Debit 15600 Credit (To record adjustment for trading securities) Fair Value Adjustment-Available-For-Sale 5200 15600 5200