=+2011 2010 Cash $104,000 $ 98,000 Accounts receivable (net) 71,000 67,500 Available-for-sale investments (at cost)—Note 1

a. 36,000 Plus valuation allowance for available-for-sale investments

b. 4,000 ________ ________ Available-for-sale investments (fair value) $

c. $ 40,000 ________ ________ Interest receivable $

d. —

Investment in Denver Co. stock—Note 2

e. $ 48,000 Office equipment (net) 60,000 65,000 ________ ________ Total assets $

f. $318,500 ________ ________ ________ ________ Accounts payable $ 56,900 $ 51,400 Common stock 50,000 50,000