Southeast Bank invests in trading securities and prepares quarterly financial statements. At the beginning ot the fourth quarter of 2018, the bank held as trading securities 280 shares of Eglan Company common stock that originally cost S7,280_ At that time, these securities had a fair value ot $7,000. During the fourth quarter, the bank engaged in the following trading securities transactions: Oct. 26 Nov. 26 Dec 10 Purchased 360 shares of Ferrell Company common stock for S3g per share Sold 280 shares of Eglan common stock for S24 per share. Purchased 360 shares of Grey Company common stock for S41 per share On December 31, 2018, the quoted market prices of the shares were as follows: Eglan Company, SSI per share; Farrell Company, S42 per share; and Grey Company, S3g per share