Grass Security, which began operations in 2017, invests in long-term available-for-sale securities. Following is a series of transactions and events determining its long-term investment activity. 2017

Jan.		20		Purchased 2,500 shares of Johnson & Johnson at $22.00 per share plus a $390 commission.
Feb.		9		Purchased 2,700 shares of Sony at $47.70 per share plus a $375 commission.
June		12		Purchased 3,000 shares of Mattel at $28.50 per share plus a $345 commission.
Dec.		31		Per share fair values for stocks in the portfolio are Johnson & Johnson, $23.00; Mattel, $32.40; and Sony, $39.50.

2018

Apr.		15		Sold 2,500 shares of Johnson & Johnson at $25.00 per share less a $675 commission.
July		5		Sold 3,000 shares of Mattel at $25.40 per share less a $385 commission.
July		22		Purchased 2,100 shares of Sara Lee at $24.00 per share plus a $630 commission.
Aug.		19		Purchased 2,400 shares of Eastman Kodak at $18.50 per share plus a $348 commission.
Dec.		31		Per share fair values for stocks in the portfolio are: Kodak, $20.75; Sara Lee, $21.50; and Sony, $36.50.

2019

Feb.		27		Purchased 3,900 shares of Microsoft at $68.50 per share plus a $675 commission.
June		21		Sold 2,700 shares of Sony at $49.50 per share less a(n) $1,030 commission.
June		30		Purchased 2,900 shares of Black & Decker at $37.50 per share plus a $585 commission.
Aug.		3		Sold 2,100 shares of Sara Lee at $17.75 per share less a $585 commission.
Nov.		1		Sold 2,400 shares of Eastman Kodak at $24.25 per share less a(n) $775 commission.
Dec.		31		Per share fair values for stocks in the portfolio are: Black & Decker, $40.50; and Microsoft, $70.50.

Complete the following table that summarizes the (a) total cost, (b) total fair value adjustment, and (c) total fair value of the portfolio of long-term available-for-sale securities at each year-end. (Do not round your intermediate calculations. Loss amounts should be indicated with a minus sign.)

Fair Value Adjustment Computation - AFS Long-term portfolio
December 31, 2017	Number of Shares	Share Price at 12/31/17	Fair Value	Cost	Unrealized Gain (Loss)
Johnson & Johnson		$23.00
Sony		$39.50
Mattel		$32.40
Total			$0	$0
December 31, 2018	Number of Shares	Share Price at 12/31/18	Fair Value	Cost	Unrealized Gain (Loss)
Kodak		$20.75
Sara Lee		$21.50
Sony		$36.50
Total			$0	$0
December 31, 2019	Number of Shares	Share Price at 12/31/19	Fair Value	Cost	Unrealized Gain (Loss)
Black & Decker		$40.50
Microsoft		$70.50
Total			$0	$0
Balance Sheet Presentation:			2017	2018	2019
Long-Term AFS Securities (Cost)
Fair Value Adjustment
Long-Term AFS Securities (Fair Value)			$0	$0	$0

Complete the following table that summarizes (a) the realized gains and losses and (b) the unrealized gains or losses for the portfolio of long-term available-for-sale securities at each year-end. (Do not round your intermediate calculations. Losses should be indicated by a minus sign. )

Realized Gains (Losses)
			2017	2018	2019
Sale of Johnson & Johnson shares
Sale of Mattel shares
Sale of Sara Lee shares
Sale of Sony shares
Sale of Eastman Kodak shares
Realized Gains (Losses)			$0	$0	$0
Unrealized Gains (Losses)
			2017	2018	2019
Balance in the Fair Value Adjustment AFS account
Beginning of year - Debit (Credit)
Required balance - End of year Debit (Credit)
Required adjustment Unrealized Gain (Loss)