Equity and Available-for-Sale Investments

OBrien Industries Inc. is a book publisher.

The available-for-sale investments at cost and fair value on December 31, 20Y4, are as follows:

Issuing Company	Cost	Fair Value
Bernard Co.	$38,250	$37,500
Chadwick Co.	65,520	63,770
	$103,770	$101,270

The investment in Jolly Roger Co. stock represents 30% of the outstanding shares of Jolly Roger Co.

The following selected transactions occurred during 20Y5:

Jan. 2.		Purchased $94,400 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 $40,000 of Nightline Co. 6%, 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.
9.		Dividends of $12,500 are received on the Jolly Roger Co. investment.
Dec. 31.		Jolly Roger Co. reported a total net income of $112,000 for 20Y5, which OBrien Industries Inc. recorded using the equity method.
31.		Received interest for 6 months on the Gozar Inc. bonds purchased on January 2.
31.		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:

Issuing Company	Fair Value
Bernard Co.	$34,650
Chadwick Co.	57,960
Gozar Inc.	98,560
Nightline Co.	39,200

For the year ending December 31, 20Y5, OBrien Industries Inc. reported net income of $148,230 and paid no dividends.

Required:

The comparative unclassified balance sheets for December 31, 20Y4 and 20Y5 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 2014 2015 236,170 X Available-for-Sale Investments (at Cost) $103,770 Valuation Allowance for Available-for-Sale Investments 5,800 x (2,500) 230,370 $101,270 $ 600 Available-for-Sale Investments (Fair Value) Interest Receivable Investment in Jolly Roger Co. stock Office Equipment (Net) 98,100 $77,000 130,000 115,000 813,600 Total Assets $666,270 Accounts Payable Common Stock Excess of Issue Price Over Par Retained Earnings Unrealized Gain (Loss) on Available-for-Sale Investments $69,400 70,000 225,000 455,000 X $65,000 70,000 225,000 308,770 5,800 X (2,500) Total Liabilities and Stockholders' Equity 813,600 $666,270