only part B please!

CALOLATOR BACK NET Exercise 16-12 a-b (Part Level Submission) (Video) Blossom Company has the following data at December 31, 2020. Securities Cost Fair Value Trading $118,200 $126,300 Available for sale 104,000 92,900 The available for sale securities are held as a long term investment. (a) Your answer is correct. Prepare the adjusting entries to report: (1) Trading securities at fair value and (2) Available-for-sale securities 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 for the amounts.) No. Account Titles and Explanation Debit Credit (1) Fair Value Adjustment Trading 8100 Unrealized Gain or Loss-Income 8100 (2) Unrealized Gain or Loss-Equity 11100 11100 Fair Value Adjustment Available for Sale are tn Show Work for this cuestion: Open Show Work 4241 5 (b) Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts. Blossom Company Balance Sheet (Partial) UI Blossom Company Income Statement (Partial) rk Video - Level (Video) (Video) a-b mission) -b mission) Blossom Company Income Statement (Partial) -b hission a-c ission) a-d ission) Blossom, Company Comprehensive Income Statement ission) Study Click if you would like to Show Work for this question: Open Show Work