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Required information Problem 15-5A Long-term investment transactions; unrealized and realized gains and losses LO C2, P3, P4 The following information applies to the questions displayed

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Required information Problem 15-5A Long-term investment transactions; unrealized and realized gains and losses LO C2, P3, P4 The following information applies to the questions displayed below.] Stoll Co.'s long-term available-for-sale portfolio at December 31, 2016, consists of the following Available-for-Sale Securities 55,000 shares of Company A common stock 36,000 shares of Company B common stock 38,000 shares of Company c common stock Fair Value $1,043,600 $ 910,000 336,000 1,374,500 1,323,875 Cost 346,750 Stoll enters into the following long-term investment transactions during year 2017 Jan. 29 sold 18,000 shares of Company B common stock fr $172,375 less a brokerage fee of $2,900 Apr. 17 Purchased 22,000 shares of Company W common stock for $465,000 plus a brokerage fee of $3,500. The July 6 Purchased 12,000 shares of Company X common stock for $260,125 plus a brokerage fee of $3,500. The Aug. 22 Purchased 100,000 shares of Company Y common stock for $630,000 plus a brokerage fee of $8,300. The Nov. 13 Purchased 16,000 shares of Company 2 common stock for $526,800 plus a brokerage fee of $6,300. The Dec. 9 Sold 55,000 shares of Company A common stock for $1,029,500 less a brokerage fee of $4,100 The fair values of its investments at December 31, 2017, are: B, $169,750; C, $1,227,625; W, $389,500; X, $243,250; Y, shares represent a 30% ownership in Company w. shares represent a 10% ownership in Company X shares represent a 51% ownership in company Y. shares represent a 5% ownership in Company Z. $1,069,500; and Z, 564,600

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