EDUUR AssignmentSessionLocator=&inprogress=false FILTER Cost During 2048, its first year of operations, Galileo Company purchased two available for sale investments as follows: Security Shares Purchased Hawking Inc. 850 $42,755 Pavlov Co. 2,300 60,260 Assume that as of December 31, 2048, the Hawking Inc. stock had a market value of $60 per share, and the Pavlov Co stock had a market value of $47 per share. Galileo Company had net income of $330,700 and paid no dividends for the year ended December 31, 2018. All of the available for sale investments are dassified as current assets. a. Prepare the Current Assets section of the balance sheet presentation for the available for sale investments Galileo Company Balance Sheet (selected Current Asset items) December 31, 2018 Assets Current Assets: b. Prepare the Stockholders' Equity section of the balance sheet to reflect the earnings and unrealized anos) for the available-for-sale investments. Galileo Company Check My Work 2 more Check My Wouses remaining Previous BEAM Company Balance Sheet (selected Current Asset items) December 31, 20YS Assets Current Assets: