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The following information pertains to a portfolio of a company on 12/31/21: Security Cost at 12/31/21 Fair value at 12/31/21 X $226,000 $176,000 Y 262,000
The following information pertains to a portfolio of a company on 12/31/21:
| Security | Cost at 12/31/21 | Fair value at 12/31/21 |
| X | $226,000 | $176,000 |
| Y | 262,000 | 197,000 |
Total: (figure out the total on your own)
What is the balance of the Fair Value Adjustment account for these securities at December 31, 2021?
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