14:48 PO. Question Two: At December 31, 2015, Laconia Industries' portfolio of investments in available for sale marketable securities consisted of the following: Cost Current Market Value $100,000 160,000 Crown, Inc (10,000 shares, cost, $10 per share, Market value $16 per thare) Plastic Dots (5.000 shares, cost $50 per share, Market value 47 per share) $250,000 235,000 (a.) Illustrate the presentation of marketable securities and unrealized holding gain (or loss) in Laconia's financial statements at December 31, 2015. Indicate the financial statement and section in which each item appears. (b.) Assume that on March 15, 2016, Laconia made the following sales of securities: (1) Sold 5,000 shares of its investment in Crown, Inc., at a price of $20 per share. (2) Sold 1,000 shares of its investment in Plastic Dots at a price of $45 per share.