Ticker Services began operations in 2015 and maintains long-terminvestments in available-for-sale securities. The year-end cost andfair values for its portfolio of these investmentsfollow.
| Portfolio of Available-for-Sale Securities | Cost | | Fair Value |
| December 31, 2015 | $ | 347,460 | | $ | 337,036 | |
| December 31, 2016 | | 396,104 | | | 419,870 | |
| December 31, 2017 | | 538,701 | | | 637,283 | |
| December 31, 2018 | | 813,439 | | | 723,961 | |
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Prepare journal entries to record each year-end fair valueadjustment for these securities.
Calculation adjustment required to fair value adjustment.
| 12/31/15 | Existing balance in Fair ValueAdjustment-AFS (LT) | | | | Required balance in Fair ValueAdjustment-AFS (LT) | | | | Adjustment required to Fair ValueAdjustment-AFS (LT) | | | | | | | | 12/31/16 | Existing balance in Fair ValueAdjustment-AFS (LT) | | | | Required balance in Fair ValueAdjustment-AFS (LT) | | | | Adjustment required to Fair ValueAdjustment-AFS (LT) | | | | | | | | 12/31/17 | Existing balance in Fair ValueAdjustment-AFS (LT) | | | | Required balance in Fair ValueAdjustment-AFS (LT) | | | | Adjustment required to Fair ValueAdjustment-AFS (LT) | | | | | | | | 12/31/18 | Existing balance in Fair ValueAdjustment-AFS (LT) | | | | Required balance in Fair ValueAdjustment-AFS (LT) | | | | Adjustment required to FairValue Adjustment-AFS (LT) | | |
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Prepare journal entries to record each year-end fair valueadjustment for these securities. (If no entry is required for atransaction/event, select "No journal entry required" in the firstaccount field.)
