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 December 31, 2015 December 31, 2016 December 31, 2017 December 31, 2018 Cost $395, 350 450,699 612,951 925,556 Fair Value $383,490 477,741 725,121 823,745 Prepare journal entries to record each year-end fair value adjustment for these securities. Complete this question by entering your answers in the tabs below. Adjustment Calculation General Journal Calculation adjustment required to fair value adjustment. Adjustment Calculation General Journal Calculation adjustment required to fair value adjustment. Debit Credit 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) Adjustment Calculation General Journal > Adjustment Calculation General Journal Prepare journal entries to record each year-end fair value adjustment for these securities. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list :X 1 Record the year-end adjusting entry for the securities portfolio as of December 31, 2015. December 2 Record the year-end adjusting entry for the securities portfolio as of December 31, 2016. 3 Record the year-end adjusting entry for the securities portfolio as of December 31, 2017. Credit 4 Record the year-end adjusting entry for the securities portfolio as of December 31, 2018. Note : = journal entry has been entered Record entry Clear entry View general iournal