During 2022, Hawkins Company purchased marketable equity securities as a short-term investment. At December 31, 2022, the balance in the allowance to reduce marketable equity securities to market was $23,000. There were no security transactions during 2022. Pertinent information at December 31, 2022, is as follows:

Security Cost Market Value 12/31/2022

X $ 245,000 $230,000

Y 180,000 182,000

Z 60,000 60,000

In its 2022 income statement, Hawkins should report: