1. Make all adjustments on the "Adjusting Journal Entries" tab. Remember to include a description under each journal entry.

11	The following information is available for ABC Corporation at 12/31/14 regarding its investments in stocks of other companies.
		Securities					Cost	Fair Value
		2,200 shares of Toyota Corporation Common Stock					$ 100,000	$ 125,000
		1,100 shares of G.M. Corporation Common Stock					$ 67,000	$ 34,000
							$ 167,000	$ 159,000
	Prepare the adjusting entry (if any) for 2014, assuming the securities are classified as trading.