On January 1, 2016, Z Corp. had the following investments:

		Market	Maturity
Classification	Investment	Value	Value	Cost
available-for-sale	A Inc. stock	$1,900		$1,800
available-for-sale	B Co. stock	3,100		3,000
held-to-maturity	C Inc. bonds (due 12/31/2018)		$10,000	9,700

During the year, Z Corp. acquired M Co. stock for $1,000 and classified it as trading. The C Inc. bonds had a 10% stated interest rate, paid annually and had a December 31 amortized cost of $9,850. The A Inc. investment was transferred from AFS to trading on December 31 when the fair market value was $2,500. At year-end, the M Co. stock had a fair market value of $1,200, while the B Co. investment had a December 31 market value of $3,500. Z Corp. intends to hold all of its available-for-sale investments for at least one more year.

Required: 1. Record all necessary journal entries in 2016. The company uses an allowance account for adjusting the change in value of available-for-sale securities, while directly adjusts to investment account for trading securities. 2. Show all the investments including their relevant accounts in Statement of Financial Position and Statement of Comprehensive Income for the fiscal year 2016.