1)On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12 per share. The following were the year-end market values:

Company	FMV per Share
X Company	$45
Y Company	15
Z Company	31

What the total dollar values that Easton Company should record for the Unrealized Gain or (Loss) on Trading Securities for 2018? Enter a Loss as a negative number.

2)

Arundel Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has a balance that consists of:

Dollar Value	Age of Account	Estimated Collectible
$265,000	< 30 days old	99.5%
70,000	30 to 60 days old	91.0%
40,000	61 to 120 days old	73.0%
8,000	> 120 days old	13.0%

The current unadjusted Allowance for Uncollectible Accounts balance is a debit balance of $2,000 and the Bad Debt Expense accounts has an unadjusted balance of zero. After the adjusting entry is made, what will be the dollar balances in the Allowance for Doubtful Accounts? Round to nearest whole dollar.

3)Arundel Company uses percentage of sales to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has a balance of $78,000 and had a total of $850,000 in credit sales. Arundel assumes that 1.0% of sales will eventually be uncollectible. Before adjustment, the Allowance for Uncollectible Accounts had a credit balance of 5,500. What is the ending balance in the Allowance for Uncollectible Accounts after the adjustment at year end?

4)

Salisbury Company uses the perpetual inventory system and had the following inventory & sales activity for the month of May 2019:

Date	Activity	Quantity	Unit Price
5/1	Beginning Inventory	175	$10.00
5/5	Purchase	200	$11.00
5/10	Sales	300	$25
5/15	Purchase	200	$14.00
5/20	Sales	250	$28
5/25	Purchase	150	$13.50

Using the LIFO method, determine the dollar value for Ending Inventory at the end of month of May. Round to the nearest cent.