Kasznik Company began operations on June 15 of the current calendar year and, by year-end (December 31), had made six stock investments. Year-end information on these stock investments follows.

a. What does Kasznik's balance sheet report for trading stock investments at December 31?

b. What does Kasznik's balance sheet report for available-for-sale investments at December 31 ?

c. What does Kasznik's balance sheet report for equity method investments at December 31?

d. What total amount of unrealized holding gains or unrealized holding losses related to investments appear in Kasznik's income statement?

e. What total amount of unrealized holding gains or unrealized holding losses related to investments appear in the stockholders' equity section of Kasznik's December 31 balance sheet?

f. What total amount of fair-value adjustment to investments appears in the December 31 balance sheet? Which category of investments does the fair-value adjustment relate to? Does the fair-value adjustment increase or decrease the carrying value of these investments?

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December 31 Barth, Inc... Foster, Inc. McNichols, Inc.. Patell Company Ertimur, Inc. Soliman, Inc. *** Cost or Equity Basis (as appropriate) $34,000 81,250 98,500 78,500 50,000 68,000 Year-End Fair Value $32,650 80,000 96,000 77,350 51,200 66,600 Market Classification Trading Trading Available-for-sale Available-for-sale Equity method Equity method