During 2048, its first year of operations, Galileo Company purchased two available for sale investments as follows: Security Hawking Inc. Pavlov Co. Shares Purchased 960 1,600 Cost $48,820 26,520 Assume that as of December 31, 20Y8, the Hawking Inc. stock had a market value of $52 per share, and the Pavlov Co stock had a market value of $20 per share. Galileo Company had net income of $322,800, and paid no dividends for the year ended December 31, 2048. All of the available-for- sale investments are classified as current assets A. Prepare the current assets section of the balance sheet presentation for the available for sale investments B. Prepare the Stockholders' Equity section of the balance sheet to reflect the earnings and unrealized gain (loss) for the available-for-sale Investments." *Refer to the information given and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign Balance Sheets Prepare the current assets section of the balance sheet presentation for the available for sale investments Refer to the information given and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries Galileo Company Balance Sheet (selected items) December 31, 2048 Assets 2 Current assets