Following are data for the available-for-sale securities held by Lindy Company as of December 31:?? 
(a) Complete the table above to find the total cost and fair value for the company's available-for-sale securities portfolio.
(b) Calculate and record the required December 31 adjustment.
(c) Explain how the adjustment from part
(b) is reported on Lindy's financial statements.
Definitions:
Job-Order Costing
A costing method used to calculate the cost of producing each specific order or job, making it suited for custom, one-off products.
Work In Process
Inventory that includes goods that are in the production process but are not yet completed.
Schedule Of Cost Of Goods Manufactured
A schedule that contains three elements of product costs—direct materials, direct labor, and manufacturing overhead—and that summarizes the portions of those costs that remain in ending Work in Process inventory and that are transferred out of Work in Process into Finished Goods.
Direct Materials Cost
The cost of raw materials that are directly traceable to the production of a specific product or service.
Q9: Nebraska Inc. issues 3,000 shares of common
Q12: Debt investments that a company intends to
Q29: On January 1, Zero Company obtained a
Q63: The equity method is usually more appropriate
Q82: If a corporation is liquidated, preferred stockholders
Q89: The following selected data were taken from
Q92: Preferred Stock = Number of Shares of
Q128: When there are material differences between the
Q140: Investment in Bonds is listed on the
Q141: Cash flows from investing activities, as part