During 2014, Rex Company purchased marketable equity securities as a short-term investment. These securities are classified as available for sale. The cost and fair values at December 31, 2014, follow:

Rex sold 1,000 shares of Company B stock on January 31, 2015, for $15 per share, incurring $1,500 in brokerage commission and transaction taxes.

Required:
1. Ignoring income taxes, how much should Rex report as unrealized gain or loss on its available-for-sale securities at December 31, 2014, in the statement of stockholders€™ equity?
2. On the sale, Rex should report a realized loss of howmuch?

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Cost Fair Value Security Company A-100 shares Company B -1,000 shares Company C-2,000 shares S 2,800 17,000 31,500 3,400 15,300 29,500 $48,200 $$1,.300 $48.200