Please solve for missing values

Accounting for Marketable Equity Securities Among the various responsibilities of the Chief Financial Officer (CFO) of the Amphlett Corporation was the management and oversight of the firm's cash reserves. During the year, the CFO had invested some of the firm's excess cash in what she thought were three undervalued stocks. All of the securities were classified as available- for-sale. At year-end, she reviewed how the portfolio of investments had done. Investment Bristol-Myers Squibb, Inc. Titanium Metals. Corp Zila, Inc. Cost Basis $50.000 50,000 50.000 $150.000 Fair Value at Year-End $42.000 55,000 80,000 $177.000 Required 1. Calculate the value that would be assigned to the portfolio of marketable equity securities on the balance sheet of The Amphlett Corporation at year-end under each of the following approaches: a. Cost $ 0x b. Lower-of-cost-or-market Individual-security basis 5 OX Portfolio basis c. Fair value 2. How will the appreciation of $27,000 be disclosed on the year-end financial statements if the entire portfolio is classified as: Trading securities Available-for-sale securities Unrealized gain on the income statement Component of other comprehensive income in the equity sec