just need help with that one part please!

Balance Sheet Presentation of Available for Sale Investments During Year 1, its first year of operations, Galileo Company purchased two available-for-sale investments as follows: Security Shares Purchased Cost Hawking Inc. 910 $48,776 Pavlov Co. 2,470 68,913 Assume that as of December 31, Year 1, the Hawking Inc. stock had a market value of $64 per share and the Pavlov Co stock had a market value of $50 per share. Galileo Company had net income of $377,800 and paid no dividends for the year ending December 31, Year 1. All of the available-for-sale investments are classified as current assets a. Prepare the Current Assets section of the balance sheet presentation for the available-for-sale investments Galileo Company Balance Sheet (selected Items) I December 31, Year 1 Assets Current Assets Available-for-Sale Investments, at Cost 117.689 Less Unrealized Gain (Loss) on Available-for-Sale Investments x 64,051 X Feedback Check My Work a. Compute the cost of the available for sale investments portfolio Compute the market price of the available for sale investments portfolio Compute the difference between the two amounts, which is the valuation allowance adjustment. Recall that a Valuation Allowance for Available for Sale Investments resulting from an unrealized gain would be shown on the