At the beginning of 2019, HTW Co. purchased 31,000 shares of Jones and Son's common stock for $8/share for their Debt Repayment Fund. At the end of 2019, Jones and Son's stock was selling for $5/share. How much should HTW Co. report on its 2020 balance sheet for the Debt Repayment Fund if the Jones and Sons stock is the only stock in the portfolio?

		$248,000
		$161,200
		$86,800
		There is not enough information to answer this question.