Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale securities. The year-end cost...

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Accounting

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 ofAvailable-for-Sale Securities Cost Fair Value
December 31, 2015 $ 363,640 $ 352,731
December 31,2016 414,550 439,423
December 31,2017 563,788 666,961
December 31,2018 851,320 757,675

Prepare journal entries to record each year-end fair valueadjustment for these securities.

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Portfolio of AvailableforSale Securities Cost Fair Value Difference 31Dec15 36364000 35273100 1090900 31Dec16 41455000 43942300 2487300 31Dec17 56378800 66696100 10317300 31Dec18 85132000 75767500 9364500 123115 Existing balance in Fair Value AdjustmentAFS See Answer

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Portfolio ofAvailable-for-Sale Securities	Cost		Fair Value
December 31, 2015	$	363,640	$	352,731
December 31,2016		414,550		439,423
December 31,2017		563,788		666,961
December 31,2018		851,320		757,675