Atlantic, Inc., held the following portfolio of securities on December 31, 2002 (the end of its first year of operations):

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Trading securities... Available-for-sale securities Held-to-maturity securities Market Value Cost (12/31/02) $18,700 $17,500 21,350 22,000 15,000 15,700 No additional securities were bought or sold during 2003. On December 31, 2003, Atlantic's securities had a fair market value of: Trading securities. Available-for-sale securities Held-to-maturity securities. $18,250 22,500 15,300 Prepare the entries required at the end of 2002 and 2003 to properly adjust Atlantic's portfo- lio of securities.