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Problem 17-11 (Part Level Submission) Oriole Corp. invested its excess cash in securities during 2017. As of December 31, 2017, the securities portfolio consisted of

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Problem 17-11 (Part Level Submission) Oriole Corp. invested its excess cash in securities during 2017. As of December 31, 2017, the securities portfolio consisted of the following common stocks. Security Lindsay Jones, Inc. Poley Corp Arnold Aircraft Quantity 1,000 shares 2,000 shares 2,000 shares Cost $15,100 40,200 71,900 $127,200 Fair Value $21,100 42,200 59.900 $123,200 Totals (a) What should be reported on Oriole's December 31, 2017, balance sheet relative to these securities? What should be reported on Oriole's 2017 income statement? (If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Oriale Corp Balance Sheet (Partial) Income Statement Click if you would like to show Work for this question: Open Show Work

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