In January $2022,$ the management of Cullumber Company concludes that it has sufficient cash to purchase some short$-$term investments in debt and stock securities$.$ During the year, the following transactions occurred.

Jan. $1$ Purchased $70$$$1,000,9\%$ TRC bonds for $$70,000.$ Interest is payable annually on December $31.$

Feb. $1$ Purchased $1,230$ shares of LAF common stock for $$54,120.$

Mar. $1$ Purchased $530$ shares of NCL common stock for $$20,670.$

July $1$ Received a cash dividend of $$0\mathrm{.}80$ per share on the LAF common stock.

Aug. $1$ Sold $215$ shares of LAF common stock at $$43$ per share.

Sept. $1$ Received $$2$ per share cash dividend on the NCL common stock.

Dec. $31$ Received the annual interest on the TRC bonds.

$31$ Sold the TRC bonds for $$71,998.$

At December $31,$ the fair values of the LAF and NCL common stocks were $$40$ and $$32$ per share, respectively. These stock investments by Cullumber Company provide less than a $20\%$ ownership interest.

Show the balance sheet presentation of investment securities at December $31,2022.$

Cullumber Company $($Partial$)$ Balance Sheet