Missing Statement Items, Available-for-Sale Securities

Highland Industries Inc. makes investments in available-for-sale securities. Selected income statement items for the years ended December 31, Year 2 and Year 3, plus selected items from comparative balance sheets, are as follows:

There were no dividends.

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	3,740	(7,480)
Net Income (Loss)	$	$(10,290)

Highland Industries Inc.
Selected Balance Sheet Items
December 31, Year 1, Year 2, and Year 3
	Dec. 31, Year 1	Dec. 31, Year 2	Dec. 31, Year 3
Assets
Available-for-Sale Investments, at Cost	$72,930	$63,580	$88,830
Valuation Allowance for Available-for-Sale Investments	4,680	(5,610)
Available-for-Sale Investments, at Fair Value
Stockholders' Equity
Unrealized Gain (Loss) on Available-for-Sale Investments			(6,550)
Retained Earnings	$153,340	$216,920	$