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Oriole Company began operations in 2024. Since then, it has reported the following gains and losses for its equity investments on the income statement: 2024

image text in transcribedimage text in transcribed Oriole Company began operations in 2024. Since then, it has reported the following gains and losses for its equity investments on the income statement: 2024 2025 2026 Gains (losses) from sale of securities $14,500 $(20,700) $13,600 Unrealized holding losses on valuation of securities (25,400) (15,600) Unrealized holding gain on valuation of securities 9,800 At January 1, 2027, Oriole owned the following securities: Cost BKD Common (16.000 shares @ $32) LRF Preferred (2.000 shares @ $107) $512,000 214,000 During 2027, the following events occurred: 1 Sold 4,600 shares of BKD for $161.000. 2 Acquired 1,000 shares of Horton Common for $39 per share. Brokerage commissions totaled $1,000. At 12/31/27, the fair values for Oriole's investments were: BKD Common, $30 per share LRF Preferred, $112 per share Horton Common, $44 per share (b) Compute the aggregate cost and fair values for Oriole's securities portfolio at 12/31/27. Aggregate cost Aggregate fair value $ eTextbook and Media List of Accounts

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