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1. Lewis Inc. purchased several investment securities during 2014, its first year of operations. The following information pertains to these securities. The fluctuations in their

1.

Lewis Inc. purchased several investment securities during 2014, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent.

Fair Value

Fair

Value

Amortized Cost

Amortized Cost

Held to Maturity

12/31/15

12/31/16

12/31/15

12/31/16

Baxter Co. Bonds

$375,000

$400,000

$367,500

$375,000

Trading Securities

Ready Co. Stock

$48,000

$63,000

$66,000

Sky Inc Stock

$47,000

$80,000

$39,000

Brandy Inc Stock

$44,000

$39,500

$32,900

Available for Sale Securities

Overarmor Co Stock

$130,500

$160,500

$140,000

What balance sheet amount would Lewis report for its total investment securities at 12/31/2016?

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