The following information was taken from the 2017 annual report of Orleans Enterprises:

Related footnote: The 2017 and 2016 balances in the short-term equity investment account consist of 1,600 and 1,800 shares of At water Company, respectively. During 2017, in the only transaction related to these securities, 200 shares were sold for $15.50 each. Assume Orleans€™s investment in these securities occurred on October 31, 2016.

REQUIRED:
Compute the 2017 income effect related to the company€™s investment in At water. Divide the effect into its realized and unrealized components.

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2016 2017 $25,440 Short-term equity investments $27,000