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During 2019, its first year of operations, A Company purchased 4 available-for-sale investments as follows: Security Shares Purchased Total Cost Co 1 3500 $67000 Co

During 2019, its first year of operations, A Company purchased 4 available-for-sale investments as follows: Security Shares Purchased Total Cost Co 1 3500 $67000 Co 2 2215 $72620 Co 3 1000 $21550 Co 4 2250 $58000

Assume that as of November 30, 2019, the Co 1 stock had a market value of $23 per share, Co 2. stock had a market value of $23 per share, Co 3 stock had a market value of $38 per share and Co 4 stock had a market value of $18 per share. A Company had $36,550 shares of no par stock outstanding that was issued for $900,000. For the year ending November 30, 2019. A Company had a net income of $275,000 No dividends were paid.

1) Prepare the Stockholders Equity section of the balance sheet as of November 30, 2019

2) Prepare the Current Assets section of the balance sheet presentation for the available-for-sale securities as of November 30, 2020.

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