Brief Exercise 16-08 Carla Vista Corporation has the following long-term investments. (1) Common stock of Eidman Co. (10% ownership), cost $109,500, fair value $116,500.

(2) Common stock of Pickerill Inc. (30% ownership), cost $209,500, equity $259,500.

(3) Debt investment, cost $99,500, fair value $159,500. Prepare the investments section of the balance sheet. Carla Vista Corporation Balance Sheet.

*Please complete the balance sheet*

Brief Exercise 16-08 Carla Vista Corporation has the following long-term investments. (1) Common stock of Eidman Co. (10% ownership), cost $109,500, fair value $116,500. (2) Common stock of Pickerill Inc. (30% ownership), cost $209,500, equity $259,500. (3) Debt investment, cost $99,500, fair value $159,500. Prepare the investments section of the balance sheet. Carla Vista Corporation Balance Sheet