Rios Financial Co. is a regional insurance company that began operations on January 1, Year 1. The following transactions relate to trading securities acquired by Rios Financial Co., which has a fiscal year ending on December 31:

Record these transactions on page 10:

Year 1
Feb.	1.	Purchased 7,300 shares of Caldwell Inc. as a trading security at $37 per share plus a brokerage commission of $730.
May	1.	Purchased 1,800 shares of Holland Inc. as a trading security at $47 plus a brokerage commission of $198.
July	1.	Sold 3,800 shares of Caldwell Inc. for $35 per share less a $105 brokerage commission.
	31.	Received an annual dividend of $0.30 per share on Caldwell Inc. stock.
Dec.	31.	The portfolio of trading securities was adjusted to fair values of $35 and $46 per share for Caldwell Inc. and Holland Inc., respectively.

Record these transactions on page 11:

Year 2
Apr.	1.	Purchased 4,800 shares of Fuller Inc. as a trading security at $29 per share plus a $240 brokerage commission.
July	31.	Received an annual dividend of $0.45 per share on Caldwell Inc. stock.
Oct.	14.	Sold 960 shares of Fuller Inc. for $31 per share less a $50 brokerage commission.
Dec.	31	The portfolio of trading securities had a cost of $326,200 and a fair value of $404,846, requiring a debit balance in Valuation Allowance for Trading Investments of $78,646 ($404,846 - $326,200). Thus, the credit balance from December 31, Year 1, is to be adjusted to the new balance.

Required:

1.

Journalize the entries to record these transactions. Round all final amounts to the nearest whole dollar.*

2.

Prepare the investment-related current asset balance sheet presentation for Rios Financial Co. on December 31, Year 2.*

3.

How are unrealized gains or losses on trading investments presented in the financial statements of Rios Financial Co.?

*Refer to the information given and the Chart of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. Less or Plus will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

I just need help on the red box. Thanks.

DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY Apr. 1Investments-Fuller Inc. 139,440.00 Cash 139,440.00 Jul 31 Cash 1,575.00 Dividend Revenue 1,575.00 Oct. 14Cash 29,710.00 Investments-Fuller Inc. 1,822.00 Gain on Sale of Investments 27,888.00 Adjusting Entries Dec. 31 Valuation Allowance for Trading Investments 87,994.00 Unrealized Gain on Tradinq Investments 87994.00 10