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Problem $15-3$A $($Algo$)$ Debt investments in available$-$for$-$sale securities; unrealized and realized gains and losses LO P$3$

$[$The following information applies to the questions displayed below.$]$

Stoll Company's long$-$term available$-$for$-$sale portfolio at the start of this year consists of the following.

Stoll enters into the following transactions involving its available$-$for$-$sale debt securities this year.

January $29$ Sold one$-$half of the Company B notes for $\backslash (\backslash$$ $78,810\backslash ).$

July $6$ Purchased Company X bonds for $\backslash (\backslash$$ $124,000\backslash ).$

November $13$ Purchased Company Z notes for $\backslash (\backslash$$ $267,100\backslash ).$

December $9$ Sold all of the Company A bonds for $\backslash (\backslash$$ $517,200\backslash ).$

Fair values at December $31$ are B$,\backslash$$$85,000$; C$,\backslash$$$604,500$; X$,\backslash$$$119,000$; and Z$,\backslash$$$279,000.$ Journal entry worksheet

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Record the year$-$end adjusting entry for the securities portfolio as of December $31.$

Note: Enter debits before credits.

$\backslash$begin$\{$tabular$\}\{|$c$|$l$|$l$|$l$|\}$

$\backslash$hline Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline $\backslash$begin$\{$tabular$\}\{$c$\}$

December $\backslash \backslash$

$31$

$\backslash$end$\{$tabular$\}$ & & & $\backslash \backslash$

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$\backslash$end$\{$tabular$\}$ Required $2$

Determine the amount Stoll reports on its December $31$ balance sheet for its long$-$term investments in available$-$for$-$sale securities$.$