At the beginning of the year, Company P purchased 1,000 shares of Company S for $80per share. During the year, Company S paid a dividend of $4 per share. At the end of the year, Company S's share price was $75. What amount should Company P report on its balance sheet at yearend if the investment in Company S is considered a trading security, and what amount should be reported if the investment is considered an available-for-sale security?

Trading, Available-for-sale

$75,000 $75,000

$75,000 $80,000

$80,000 $80,000

$75,000 $75,000