mere were tavidends Determine the missing items. If required, use the minus sign to indicate a net or operating loss, unrealized losses, or a credit balance in the valuation allowance account. Highland Industries Inc. Selected Income Statement Items For the Years Ended December 31, Year 2 and Year 3 Year 2 Year 3 Operating Income (Loss) Gain (Loss) from Sale of Investments 7,500 (12,000) Net Income (Loss) $(21,000) Highland Industries Inc. Selected Balance Sheet Items December 31, Year 1, Year 2, and Year 31 Dec. 31, Year 1 Dec. 31, Year 2 Dec. 31, Year 3 Assets Available-for-Sale Investments, at Cost Valuation Allowance for Available-for-Sale Investments Available-for-Sale Investments, at Fair Value Stockholders, Equity Unrealized Gain (Loss) on Available-for-Sale Investments Retained Earnings $90,000 12,000 $86,000 (11,000) $102,000 (16,400) $175,400 $220,000