1-Jan	Lance Corp. purchased a 40% equity in Sloan Company for		$ 160,000
31-Dec	Sloan Company declared and paid a $40,000 cash dividend and reported
	net income of $100,000.
a	Prepare the journal entries for January 1 and December 31 for Lance Corp.
b	Show the Balance Sheet presentation of this investment at 12-31

	Weaver Company has the following data at December 31, 2015 for its securities:
	Securities	COST	FAIR
			VALUE
	Trading securities	90,000	92,000
	Available for sale securities	74,000	71,000
a	Prepare the adjusting entries to report the securities at fair value.
b	On what financial statement and in what section of that statement would each of
	the above accounts be reported. (4 all together)