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Transactions for common stock and trading investments

Zeus Investments Inc. is a regional freight company that began operations on January $1,20$Y$8.$ The following transactions relate to trading securities acquired by Zeus Inc., which has a fiscal year ending on December $31$:

$20$Y$8$

Feb. $14.$ Purchased $3,600$ shares of Apollo Inc. common stock at $$39$ per share plus a brokerage commission of $$720.$ Apollo Inc. has $171,120$ shares of common stock outstanding.

Apr. $1.$ Purchased securities of Ares Inc. as a trading investment for $$27,540.$

June $1.$ Sold $900$ shares of Apollo Inc. for $$40$ per share less a $$120$ brokerage commission.

June $27.$ Received an annual dividend of $$0\mathrm{.}11$ per share on $2,700$ shares of Apollo Inc. stock.

Oct. $15.$ Sold the remaining shares of Apollo Inc. for $$38$ per share less a $$26$ brokerage commission.

Dec. $31.$ The trading securities of Ares Inc. have a fair value on December $31$ of $$32,040.$

$20$Y$9$

Mar. $14.$ Purchased securities of Athena Inc. as a trading investment for $$73,840.$

July $30.$ Sold securities of Athena Inc. that cost $$13,845$ for $$11,910.$

Dec. $31.$ The fair values of the Ares Inc. and Athena Inc. securities are as follows:

Prepare the Trading Investments section of the December $31,20Y9,$ balance sheet for Zeus Inc.

Zeus Investments Inc.

Balance Sheet $($selected items$)$

December $31,20Y9$

Current Assets:

How are unrealized gains or losses on trading investments presented on the financial statements of Zeus Inc.?

Unrealized gains or losses are reported in the

often as