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In: AccountingRequired information[The following information applies to the questionsdisplayed below.]Grass Security, which began operations...Required information[The following information applies to the questionsdisplayed below.]Grass Security, which began operations in 2017, invests inlong-term available-for-sale securities. Following is a series oftransactions and events determining its long-term investmentactivity.2017Jan.20Purchased 2,600 shares of Johnson& Johnson at $22.10 per share plus a $400 commission.Feb.9Purchased 2,800 shares of Sony at$47.80 per share plus a $385 commission.June12Purchased 3,100 shares of Mattel at$28.60 per share plus a $355 commission.Dec.31Per share fair values for stocks inthe portfolio are Johnson & Johnson, $23.10; Mattel, $32.50;and Sony, $39.60.2018Apr.15Sold 2,600 shares of Johnson &Johnson at $25.10 per share less a $685 commission.July5Sold 3,100 shares of Mattel at$25.50 per share less a $395 commission.July22Purchased 2,200 shares of Sara Leeat $24.10 per share plus a $640 commission.Aug.19Purchased 2,500 shares of EastmanKodak at $18.60 per share plus a $358 commission.Dec.31Per share fair values for stocks inthe portfolio are: Kodak, $20.85; Sara Lee, $21.60; and Sony,$36.60.2019Feb.27Purchased 4,000 shares of Microsoftat $68.60 per share plus a $685 commission.June21Sold 2,800 shares of Sony at $49.60per share less a(n) $1,040 commission.June30Purchased 3,000 shares of Black& Decker at $37.60 per share plus a $595 commission.Aug.3Sold 2,200 shares of Sara Lee at$17.85 per share less a $595 commission.Nov.1Sold 2,500 shares of Eastman Kodakat $24.35 per share less a(n) $785 commission.Dec.31Per share fair values for stocks inthe portfolio are: Black & Decker, $40.60; and Microsoft,$70.60.3. Complete the following table that summarizes(a) the realized gains and losses and (b) theunrealized gains or losses for the portfolio of long-termavailable-for-sale securities at each year-end. (Do notround your intermediate calculations. Losses should be indicated bya minus sign. )