On March 10, 2012, Global Solutions, Inc., purchased 5,000 shares of Superior Technologies stock for $50 per share. The following information pertains to the fair value of Superior Technologies stock:

	Per Share
12/31/2012	$	45
12/31/2013		42

1) Record the purchase of 5,000 shares of Superior Technologies for $50 per share

2) Record the valuation adjustment if the fair value of Superior Technologies common stock on December 31, 2012 is $45 per share

3) Record the valuation adjustment if the fair value of Superior Technologies comoon stock on December 31, 2012 is $42 per share

• Record the valuation adjustment if the fair value of Superior Technologies' common stock on December 31, 2013 is $42 per share.