Some of Grand Junction Corporation’s investment securities are classified as trading securities and some are classified as available-for-sale. The cost and market value of each category at December 31, 2011, was as follows.
| Cost | Fair Value | Unrealized Gain (Loss) | |
| Trading securities | 96,300 | 84,900 | (11,400) |
| Available-for-sale securities | 59,000 | 63,200 | 4,200 |
At December 31, 2010, the Market Adjustment-Trading account had a debit balance of $2,200, and the Market Adjustment-Available-for-Sale account had a credit balance of $7,750.
Prepare the required journal entries for each group of securities for December 31, 2011.
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