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Terra Cotta Company Has the Following Data at December 31

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Terra Cotta Company has the following data at December 31 2017 for its securities:  Securities  Cost  Fair Value  Available-for-sale $34,000$39,000 Trading 46,00042,000\begin{array} { l r r } \text { Securities } & \text { Cost }& \text { Fair Value } \\\text { Available-for-sale } & \$ 34,000 & \$ 39,000 \\\text { Trading } & 46,000 & 42,000\end{array} Instructions
Journalize the December 31 adjusting entries.

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