Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale securities. The year-end cost and fair values for its portfolio of these investments follow.

Portfolio of Available-for-Sale Securities	Cost			Fair Value
December 31, 2015	$	369,060		$	357,988
December 31, 2016		420,728			445,972
December 31, 2017		572,190			676,901
December 31, 2018		864,007			768,966

Prepare journal entries to record each year-end fair value adjustment for these securities.

Calculation adjustment required to fair value adjustment.

12/31/15	Existing balance in Fair Value Adjustment-AFS (LT)
	Required balance in Fair Value Adjustment-AFS (LT)
	Adjustment required to Fair Value Adjustment-AFS (LT)
12/31/16	Existing balance in Fair Value Adjustment-AFS (LT)
	Required balance in Fair Value Adjustment-AFS (LT)
	Adjustment required to Fair Value Adjustment-AFS (LT)
12/31/17	Existing balance in Fair Value Adjustment-AFS (LT)
	Required balance in Fair Value Adjustment-AFS (LT)
	Adjustment required to Fair Value Adjustment-AFS (LT)
12/31/18	Existing balance in Fair Value Adjustment-AFS (LT)
	Required balance in Fair Value Adjustment-AFS (LT)
	Adjustment required to Fair Value Adjustment-AFS (LT)

Record the year-end adjusting entry for the securities portfolio as of December 31, 2015.

Date	General Journal	Debit	Credit
Dec 31, 2015

Record the year-end adjusting entry for the securities portfolio as of December 31, 2016.

Date	General Journal	Debit	Credit
Dec 31, 2016

Record the year-end adjusting entry for the securities portfolio as of December 31, 2017.

Date	General Journal	Debit	Credit
Dec 31, 2017

Record the year-end adjusting entry for the securities portfolio as of December 31, 2018.

Date	General Journal	Debit	Credit
Dec 31, 2018