Problem 17-11 Grouper Corp. invested its excess cash in securities during 2017. As of December 31, 2017, the securities portfolio consisted of the following common stocks Security Quantity Cost Fair Value Lindsay Jones, Inc. 1,000 shares $15,100 $21,100 Poley Corp. 2,000 shares 39,700 41,700 Arnold Aircraft 2,000 shares 71,300 59,500 Totals $126,100 $122,300 What should be reported on Grouper's December 31, 2017, balance sheet relative to these securities? What should be reported on Grouper's 2017 income statement (if ne entr required, select "No Entry" for the account titles and enter for the amounts.) Grouper Corp Balance Sheet (Partial) Income Statement Income Statement On December 31, 2018, Grouper's securities portfolio consisted of the following common stocks. Security Quantity Cost Fair Value Lindsay Jones, Inc. 1,000 shares $15,100 $19,800 Lindsay Jones, Inc. 2,000 shares 33,300 40,300 Duff Company 1,000 shares 16,200 11.900 Arnold Aircraft 2,000 shares 71,300 22,100 Totals $135,900 $94,100 During the year 2018, Grouper Corp. sold 2,000 shares of Poley Corp. for $37,900 and purchased 2,000 more shares of Lindsay Jones, Inc. and 1,000 shares of Duff Company What should be reported on Grouper's December 31, 2010, balance sheet? What should be reported on Grouper's 2018 Income statement (ment o red "No Entry for the accountitles and enter for the amounts) Grouper Corp. Balance sheet (Partial) During the year 2018, Grouper Corp. sold 2,000 shares of Poley Corp. for $37.900 and purchased 2,000 more shares of Lindsay Jones, Inc. and 1.000 shares of Dut Company What should be reported on Grouper's December 31, 2018, balance sheet? What should be reported on Grouper's 2018 income statement? (no entry is required, select "No Entry for the account titles and enter for the amounts.) Grouper Corp Balance Sheet (Partial) Grouper Corp. Income Statement (Partial) On December 31, 2019, Grouper's securities portfolio consisted of the following common stocks