Classifying Items Using the Fair Value Hierarchy Classify the reporting to be applied for each of the following securities a through caccording to levels described in the fair value hierarciny (Level 1, Level 2 , or Level 3 ). a. Equity secunities for which closing arices at the balance sheet date are not available, but where a quoted bid price is avalable within the tast 6 monchs B. Equity securities delasted from an eachange, and where there is no otservable pricing data. C. Equity securities for which an official close grice is avalable on an active murket exchange