On a February 15, Jewel Company buys 7,400 shares of Marcelo Corp. common at $28.57 per share plus a brokerage fee of $415. The stock is classified as available-for-Sale securities. On March 15, Marcelo Corp. declares a dividend of $1.19 per share payable to stockholders of record on April 15. Jewel Company received the dividend April 15 and ultimately sells half of Marcelo Corp. stock on November 17 of the current year for $29.54 per share. The amount that Jewel Company should report in the asset secti9n of its year-end December 31 balance sheet for its investment in Marcelo Corp. is: