Midwest Bank invests in equity securities. At the beginning of December 2019, the bank held no equity securities. During December of 2019, it entered into the following transactions:

Dec. 10	Purchased 600 shares of Carroll Company common stock for $77 per share.
Dec. 21	Purchased 700 shares of Dynamo Company common stock for $34 per share.

At the end of December, the Carroll Company common stock had a quoted market price of $80 per share, and the Dynamo Company common stock had a quoted market price of $33 per share.

Require: Show how the bank reports the equity securities on its December 31, 2019, balance sheet.

Midwest Bank Score: 6/10 Partial Balance Sheet December 31, 2019 1 Current assets: 2 Investment in Equity Securities $65,900.00