Kenseth Company has the following securities in its trading portfolio of securities on December 31, 2013.

Investments (Trading)		Cost		Fair Value
1,500 shares of Gordon, Inc., Common		$90,300		$86,850
5,000 shares of Wallace Corp., Common		193,100		189,020
400 shares of Martin, Inc., Preferred		68,140		69,650
		$351,540		$345,520

All of the securities were purchased in 2013. In 2014, Kenseth completed the following securities transactions.

March 1		Sold the 1,500 shares of Gordon, Inc., Common, @ $52 less fees of $1,393.
April 1		Bought 700 shares of Earnhart Corp., Common, @ $87 plus fees of $1,509.

Kenseth Company