Rios Co. is a regional insurance company that began operations on January 1, 20Y2. The following selected transactions relate to investments acquired by Rios Co., which has a fiscal year ending on December 31:

Record these transactions on page 10:

20Y2
Feb.	1	Purchased 7,500 shares of Caldwell Inc. common stock at $50 per share plus a brokerage commission of $75. Caldwell has 100,000 shares of common stock outstanding.
May	1	Purchased securities of Holland Inc. as a trading investment for $126,000.
July	1	Sold 4,500 shares of Caldwell Inc. for $46 per share less a $110 brokerage commission.
	31	Received an annual dividend of $0.50 per share on 3,000 shares of Caldwell Inc. stock.
Nov.	15	Sold the remaining shares of Caldwell Inc. for $51 per share less a $90 brokerage commission.
Dec.	31	The trading securities of Holland Inc. have a fair value on December 31 of $120,000.

Record these transactions on page 11:

20Y3
Apr.	1	Purchased securities of Fuller Inc. as a trading investment for $125,000.
Oct.	14	Sold securities of Fuller Inc. that cost $25,000 for $30,000.
Dec.	31	The fair values of the Holland Inc. and Fuller Inc. securities are as follows:

Issuing Company	Cost	Fair Value
Holland Inc.	$126,000	$132,500
Fuller Inc.	100,000	115,600

	Required:
1.	Journalize the entries to record the preceding transactions, including any December 31 adjusting entries. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Round your intermediate calculations to two decimal places and round your final answers to the nearest dollar.
2.	Prepare the Trading Investments section of the December 31, 20Y3, balance sheet for Rios Co. Be sure to complete the statement heading. Refer to the Chart of Accounts and the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Colons (:) will fill in where needed.
3.	How are unrealized gains or losses on trading investments presented on the financial statements of Rios Co.?