At December $31,2020,$ the cost and fair value trading securities for Pharoah, Inc. are as follows.

$\backslash$table$[[$Security$,$Cost,Fair Value$],[$A$,$$$19,500,$$$17,900],[$B$,13,000,14,900],[$C$,23,100,20,800],[,$$$55,600,$$$53,600]]$

$($a$)$

$($b$)$

Show the balance sheet and income statement presentation at December $31,2020,$ after adjustment to fair value.

Pharoah, Inc.

Balance Sheet $($Partial$)$

December $31,2020$