please answer both questions as they are connected

On December 31. Reggit Company held the following short-term investments in its portfolio of available-for-sale debt securities. Reggit had no short-term investments in its prior accounting periods Prepare the December 31 adjusting entry to report these investments at fair value. Refer to the information in QS 159. (1) After the fair value adjustment is made, prepare the assets section of Reggit Company's December 31 classified balance sheet. (2) Is the unrealized gain (or loss) on the portfolio of available-for-sale securities reported on the income statement