CAN YOU PLEASE SHOW ME A STEP TO STEP SOLUTION FOR THE BALANCE SHEET?

Exercise 17-9 (Part Level Submission) - Google Chrome -O X A edugen.wileyplus.com/edugen/shared/assignment/test/qprint.uni Print by: Irisbell Jorge Gonzalez BCC01_ACC_113_E01_1199_1: 2019 Fall Term (1) Principles of Intermediate Accounting ACC 113 E01[51725] (Bronx CC) / Chapter 17 Assignments (ACC 113 - Fall 2019) *Exercise 17-9 (Part Level Submission) At December 31, 2017, the available-for-sale debt portfolio for Stellar, Inc. is as follows. Security Cost Fair Value Unrealized Gain (Loss) A $24,500 $21,000 $(3,500 17,500 19,60 .,100 32,200 35,700 3,500 Total $74,200 $76,300 2,100 Previous fair value adjustment balance-Dr 560 Fair value adjustment-Dr $1,540 On January 20, 2018, Stellar, Inc. sold security A for $21,140. The sale proceeds are net of brokerage fees. (a Your answer is correct. Prepare the adjusting entry at December 31, 2017, to report the portfolio at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Fair Value Adjustment (1540 Unrealized Holding Gain or Loss - Equity 11540 Attempts: 1 of 3 used *(b) Show the balance sheet presentation of the investment-related accounts at December 31, 2017. (Do not leave any answer field blank. Enter 0 for amounts.) STELLAR, INC Balance Sheet Attempts: 0 of 3 used *(C)