George, Inc. is in the process of preparing its year-end financial statements at December 31, 1019.During the year, George, Inc. had the following securities:

v Barnes Inc. - 342 Barnes Inc. $1,000 bonds were purchased on January 1, 2015 to yield 6.0045%.The price includes a broker's commission.The stated rate of interest of the bonds is 5.45% and it is paid annually on December 31^st.The bonds mature in 20 years from the date of purchase.The market value of these bonds at 2018 year end was 91.2316 and at 2019 year end was 93.1316.(These are Available-for-sale securities).

v Bratkowsik Inc. - 1,000 shares of Bratkowski Inc. common stock, series B were purchased at $7.61 per share on October 11, 2019. The broker's commission was $29.50.Bratkowski Inc. reported net income of $314,000 in the current year.Bratkowski Inc. declared its semi-annual dividend dividend of $0.25 per share on September 7^th.The dividend was paid on October 8^th to stockholders of record on September 18th.The stock is listed on the New York Stock Exchange.Its ticker symbol is BTK.The year-end price of the stock was $10.12.(These are Trading securities)

v Casares Inc. bonds - 1,200 Casares Company $500 bonds were purchased on April 1, 2012 to yield 5.85%.The bonds mature on March 31, 2032.The price includes a broker's commission.The stated rate of interest on the bonds is 6.102% and it is paid annually on March 31^st.The market value of these bonds at the prior year-end was 101.3279, and at the current year-end it was 102.4829.(These are Hold-to-maturity bonds)

v Ditka - 1,500 shares ofInc. common stock were purchased at $26 per share on November 28, 2018.The broker's commission was $39.50.The shares were sold on January 15, 2019 for $27.50. The broker's commission was $40.25.Ditka Inc. reported net income of $339,000 in 2018.Ditka Inc. declared and paid its quarterly dividend of $0.65 per share on December 23, 2018.The stock is listed on the American Stock Exchange. Its ticker symbol is DKA.The 2018 year-end price of the stock was $25.42.Atkins Inc. has 103,400 shares outstanding.(These are Trading securities)

v Hill Inc. - 2,800 shares of Hill Inc. common stock were purchased at $107 per share on August 18, 2018.The broker's commission was $78.Hill Inc. reported net income of $817,000 for the year ended December 31, 2018, and net income of $916,000 for the year-end December 31, 2019.Hill Inc. declared and paid dividends of $2.75 per share on the last day of November each year.The stock is listed on the NASDAQ, and its ticket symbol is HIL.The 2018 year-end price of the stock was $111, and the 2019 year-end price was $109.(These are Available-for-sale securities)

v Marconi Company bonds - 80 Marconi Company $750 bonds were purchased on November 1, 2019 at 99.092613 to yield 4.1125%.The bonds mature in 10 years from the date of purchase.The price includes a broker's commission.The stated rate of interest on the bonds is 4.0% and it is paid annually on October 30^th.The market value of these bonds at 2019 year-end was 100.328.(These are trading security bonds)

v Morris Inc. - 98,500 shares of Morris Inc. common stock were purchased at $6.32 per share on January 4, 2018.The broker's commission was $585.The 2018 year-end price was $7.05 per share.In 2019, the year-end price was $7.80 per share.During 2018 and 2019, the stock declared and paid an annual dividend of $0.26 per share on the last day of each calendar year.Morris Inc. reported net income of $184,000 in 2018, and $153,920 in 2019.The stock is listed on the American Stock Exchange.Morris Inc. has 394,000 shares outstanding.Its ticker symbol is MRS.(This investment is recorded using the equity method)

v Taylor Company - 1,000 shares of Taylor Company common stock were purchased at $38.50 per share on November 23, 2019.The broker's commission was $46The shares were sold on February 2, 2020 for $39.05 per share.The broker's commission on the sale was $50.00.Taylor Company reported net income of $816,000 for the year ended December 31, 2019.Taylor Company did not declare dividends during the year.The stock is listed on the NASDAQ, and its ticket symbol is TLR.The 2019 year-end price of the stock was $39.80.(These are Trading securities)

v Singletary Company - 2,000 shares of Singletary Company common stock were purchased at $26.10 per share on November 17, 2019. The broker's commission was $64.Singletary Company reported net income of $618,000 for the current year-end.Singletary Company declared and paid dividends of $0.50 per share on March 26, June 25, September 25, and December 23 during the current year.The stock is listed on the NASDAQ, and its ticket symbol is SLY.The year end price of the stock was $23.21.(These are Trading securities)

Using the data for George, Inc. & the classification given with each investment above

journalize & post all entries for the current year-end (December 31), and create a partial balance sheet & a partial income statement (including comprehensive income) for the year end December 31.Be sure to include the proper financial statement presentation and footnote disclosures according to GAAP .