4. (TCO B) On December 31, 2010, Jeter Corp. had the following equity securities that were purchased during 2010, its first year of operation: Fair Unrealized Cost Value Gain (Loss) Trading Securities Security A $ 90,000 $ 60,000 $(30,000) B 15,000 30,000 5,000 Totals $105,000 $ 80,000 $(25,000) Available-for-Sale Securities Y $ 70,000 $ 80,000 $ 10,000 X 85,000 55,000 (30,000) Totals $155,000 $135,000 $(20,000) All market declines are considered temporary. Fair-value adjustments at December 31, 2010 should be established with a corresponding charge against Income Stockholders