Whispering Corporation made the following cash purchases of securities during 2017, which is the first year in which Whispering invested in securities.

1.		On January 15, purchased 10,130 shares of Sanchez Companys common stock at $36.90 per share plus commission $2,110.
2.		On April 1, purchased 5,130 shares of Vicario Co.s common stock at $57.20 per share plus commission $3,500.
3.		On September 10, purchased 7,130 shares of WTA Co.s preferred stock at $29.20 per share plus commission $5,040.

On May 20, 2017, Whispering sold 4,130 shares of Sanchez Companys common stock at a market price of $39 per share less brokerage commissions, taxes, and fees of $3,980. The year-end fair values per share were Sanchez $33, Vicario $61, and WTA $30.80. In addition, the chief accountant of Whispering told you that the corporation plans to hold these securities for the long-term but may sell them in order to earn profits from appreciation in prices. The equity method of accounting is not appropriate for these stock purchases.

I can't get these last two entries. The number value may be right because I didn't submit that but a debit of Unrealized Holding G/L and a credit of FVA isn't correct.

Q Your answer is partially correct. Try again. Compute the unrealized gains or losses. (Round answer to o decimal places, eg. 2,500.) Unrealized losses 18489 Prepare the adjusting entries for Whispering on December 31, 2017. (round answers to a decimal places, eg. 2, sooCredit ac when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and en Date Account Titles and explanation Debit Credit Dec. 31, 2017 18488 Fair value Adjustment as a Click if you would like to show work for this question: Open show Work