Equity and Available for Sale Investments O'Brien Industries Inc. is a book publisher The avantable-for-salt investments at cost and fair valut on December 31, 2014, are as follows: info The investment in Jolly Roger Co stock represents 32% of the outstanding shares or Jolly Roger Co. The following selected transactions occurred during 2015 Purchased 537,800 of Gozar Inc. 5%, 10-year bonds at 100. The bonds are classified as an available for sale investment. The bonds pay interest on June 30 and December 31 Received interest for 6 months on the Gorar Inc. bonds purchased on January 2. Purchased $33,000 of Nightline Co. 54, 10-year bonds at 100. The bonds are classified as an available for sale investment. The bonds pay interest on October 1 and April 1. Dividends of $9,500 are received on the Jolly Roger Co. Investment Jolly Roger Co, reported a total net income of $82,000 for 2015, which O'Brien Industries Inc recorded using the equity method Received interest for 6 months on the Gotar Inc bonds purchased on January 2 Accrued 3 months of interest on the Nightline bonds Adjusted the available for sale investment portfolio to fair value, using the following fair values interest on June 30 and December 31 Received interest for 6 months on the Gozar Inc. bonds purchased on January 2. Purchased $33,000 of Nightline Co. 5%, 10-year bonds at 100. The bonds are dassified as an available for sale investment. The bonds pay Interest on October 1 and April 1. Dividends of $9,500 are received on the Jolly Roger Co. investment De Jolly Roger Co, reported a total net income of $82,000 for 2085, which O'Brien Industries Inc recorded using the equity method. Received interest for 6 months on the Gozar Inc. bonds purchased on January 2. Accrued 3 months of interest on the Nightline bonds Adjusted the available for sale investment portfolio to fair value, using the following fair values Bing Company For the year ending December 31, 2045, O'Brien Industries Inc. reported net income $1411,200 and paid no dividends. Required: The comparative unclassified balance sheets for December 31, 2014 and 2005 are provided below. Selected balances are missing. Determine the missing amounts. Use minus sign to indicate the negative amounts. Do not round interim calculations Round final answers to nearest dollar. re Partilhe For the year ending December 31, 2018, Orien industries the reported net income of $140,200 and gold no dividends. Required: The comparative undeslied balance sheets for December 31, 2014 and 2075 are provided below. Selected balances are missing. Determine the missing amounts. Use m.in.th meminta mattina > Cost Equity and Available-for-Sale Investments O'Brien Industries Inc. is a book publisher. The available-for-sale investments at cost and fair value on December 31, 2014, are as follows: Issuing Company Fair Value Bernard Co. $18,000 $16,400 Chadwick Co. 38,700 36,200 $56,700 $52,600 The investment in Jolly Roger Co. stock represents 32% of the outstanding shares of Jolly Roger Co. The following selected transactions occurred during 2045: Jan. 2. Purchased $37,800 of Gozar Inc. 5%, 10-year bonds at 100. The bonds are classified as an available-for-sale investment. The bonds pay interest on June 30 and December 31. June 30. Received interest for 6 months on the Gozar Inc. bonds purchased on January 2. oct. 1. Purchased $33,000 of Nightline Co. 5%, 10-year bonds at 100. The bonds are classified as an available-for-sale investment. The bonds pay interest on October 1 and April 1. 1 31. Dec. 31. Jolly Roger Co. reported a total net income of $82,000 for 20Y5, which O'Brien Industries Inc. recorded using the equity method. Received interest for 6 months on the Gozar Inc. bonds purchased on January 2. Accrued 3 months of interest on the Nightline bonds. 31. Adjusted the available-for-sale investment portfolio to fair value, using the following fair values: 31 Gozar Inc. Issuing Company Fair Value Bernard Co. $16,200 Chadwick Co. 34,200 39,900 Nightline Co. 32,340 For the year ending December 31, 2015, O'Brien Industries Inc. reported net income of $148,200 and paid no dividends. Required: The comparative unclassified balance sheets for December 31, 2014 and 2015 are provided below. Selected balances are missing. Determine the missing amounts. Use minus sign to indicate the negative amounts. Do not round interim calculations. Round final answers to nearest dollar. O'Brien Industries Inc. Partial Balance Sheets December 31 2015 2014 Available-for-Sale Investments (at Cost) $56,700 Valuation Allowance for Available-for-Sale Investments (4,100) Available-for-Sale Investments (Fair Value) $52,600 Interest Receivable Investment in Jolly Roger Co. Stock $55,800 Office Equipment (Net) 92,800 97,700 Total Assets $465,000 Accounts Payable $59,400 $53,500 Common Stock 51,200 51,200 Excess of Issue Price Over Par 162,800 162,800 Retained Earnings 201,600 Unrealized Gain (Loss) on Available for Sale Investments (4,100) Total Liabilities and Stockholders' Equity $465,000