a. For each security classification (i.e., Trading, AFS, HTM), if necessary, determine the unrealized gain or loss to be recognized during June 2021 and propose adjusting journal entries.

b. For each security classification, if necessary, determine the June 30 balance in the Fair Value Adjustment account. [4 points] You must identify the dollar value of the balance and the type of balance (debit or credit) for each classification as needed. Your numbers must be formatted comma separators and to the nearest cent (2 decimal places).

holding_location (AII) \begin{tabular}{l|lrrrrr} & Total Cost & \multicolumn{2}{c}{ May 31 Fair Value } & June 30 Fair Value \\ \hline AFS & $377,717.10 & $ & 402,420.30 & $ & 401,099.50 \\ HTM & $6,740,436.30 & $ & 7,157,151.70 & $ & 7,127,209.90 \\ Trading & $15,276,874.49 & $ & 16,248,720.04 & $ & 16,167,136.34 \\ \hline Grand Total & $22,395,027.89 & $ & 23,808,292.04 & $ & 23,695,445.74 \\ \hline \end{tabular} b. For each security classification (i.e., Trading, AFS, HTM), if necessary, determine the unrealized gain or loss to be recognized during June 2021 and propose adjusting journal entries. [6 points] c. For each security classification, if necessary, determine the June 30 balance in the Fair Value Adjustment account. [4 points] - You must identify the dollar value of the balance and the type of balance (debit or credit) for each classification as needed. - Your numbers must be formatted comma separators and to the nearest cent ( 2 decimal places)