All investments were purchased during the year ending 12/31/19 and have never been adjusted to date. 1. Explain at what value each of these investments is reported on the companys balance sheet. 2. For each investment which will be reported at a value other than its cost, indicate how the unrealized value fluctuation will impact the ending balance of the retained earnings account for the year ended 12/31/19.

Investment / classification Coste Market Amoco Co. bonds (hold to maturity) BP Corp bonds (available for sale) Chevron Inc bonds (trading) Delta Gas stock (available for sale) Esso Petroleum stock (trading) $330 800 550 1,100 1,500 $290 825 515 1,600 950