PR 15-4A:

O'Brien Industries Inc. is a book publisher. the comparative unclassified balance sheets for December 31, 2015 and 2014 are provided below. Selected missing balances are show by letters.

Cash	$233,000	$220,000
Accounts Receivable (net)	136,530	138,000
Available-for-sale investments (at cost) - Note 1	a.	103,770
Less valuation allowance for available-for-sale investments	b	2,500
Available-for-sale investments (fair value)	c	101,270
Interest Receivable	d	---
Investment in Jolly Roger Co. stock - Note 2	e	77,000
Office Equipment (net)	115,000	130,000
Total Assets	f	666,270
Accounts payable	69,400	60,000
Common stock	70,000	70,000
Excess of issue price over par	225,000	225,000
Retained earnings	g	308,770
Unrealized gain (loss) on available-for-sale investments	h	2,500
Total liabilities and stockholders' equity	i	666,270

Note 1. Investments are classified as available for sale. The investments at cost and fair value on Dec 31, 2014, are as follows:

	No. of Shares	Cost per Share	Total Cost	Total Fair Value
Bernard Co. Stock	2,250	$17	$38,250	$37,500
Chadwick Co. Stock	1,260	52	65,520	63,770
			103,770	101,270

Note 2. The investment in Jolly Roger Co. stock is an equity method investment representing 30% of the outstanding shares of Jolly Roger Co.

The following selected investment transactions occured during 2015:

May 5. - Puchased 3,080 shares of Gozar Inc. at $30 per share including brokerage commission. Gozar Inc. is classified as an available-for-sale security.

Oct 1 - Purchased $40,000 of Nightline Co. 6%, 10-year bonds at 100. The bonds are classified as available-for-sale. the bonds pay interest on October 1 and April 1.

Oct 9 - Dividends of $12,500 are received on the Jolly Roger Co. investment.

Dec 31 - Jolly Roger Co. reported a total net income of $112,000 for 2015. O'Brien Industries Inc. recorded equity earnings for its share of Jolly Roger Co. net income.

Dec 31 - Addrued three months of interest on the Nightline bonds.

Dec 31 - Adjusted the available-for-sale investment portfolio to fair value, using the following fair value per-share amounts:

Available-for-Sale Investments	Fair Value
Bernard Co. Stock	$15.40 per share
Chadwick Co. Stock	$46.00 per share
Gozar Inc. stock	$32.00 per share
Nightline Co. stock	$98 per $100 of face amount

Dec 31 - closed the O'Brien Industries Inc. net income of $146,230 for 2015. O'Brien Industries Inc. paid no dividends during 2015.

Instructions: Determine the missing letters in the unclassified balance sheet. Provide appropriate supporting calculations.