Ticker Services began operations in Year 1 and holds long-term investments in available-for-sale debt securities. The year-end costs and fair values for its portfolio of these investments follow. Portfolio of Available-for-Sale Securities December 31, Year 1 December 31, Year 2 December 31, Year 3 December 31, Year 4 Cost $ 11,700 17,700 21,800 16,500 Fair Value $ 17,000 26,100 31,900 20,200 Prepare journal entries to record each year-end fair value adjustment for these securities. Journal entry worksheet Record the year-end adjustment to fair value. Note: Enter debits before credits. Date General Journal Debit Credit December 31, Year 1 Record entry Clear entry View general journal Journal entry worksheet Record the year-end adjustment to fair value. Note: Enter debits before credits. Date General Journal Debit Credit December 31, Year 2 Record entry Clear entry View general journal Journal entry worksheet