Storm, Inc. purchased the following trading securities during 20Y9, its first year of operations:
Name Number of Shares Cost
Dust Devil, Inc. 1,900 $81,700
Gale Co. 850 68,000
Whirlwind Co. 2,850 114,000
Total $263,700

The market price per share for the trading security portfolio on December 31, 20Y9, was as follows:
Market Price per Share, Dec. 31, 20Y9
Dust Devil, Inc. $40
Gale Co. 75
Whirlwind Co. 42

a. Provide the journal entry to adjust the trading security portfolio to fair value on December 31, 20Y9.