Sandhill Corp. invested its excess cash in securities during 2020. As of December 31, 2020, the securities portfolio consisted of the following common stocks. Security Quantity Cost Fair Value Lindsay Jones, Inc. 1,000 shares $15,200 $21,200 Poley Corp. 2,000 shares 39,700 41,700 Arnold Aircraft 2,000 shares 72,000 60,100 Totals $126,900 $123,000 (a) What should be reported on Sandhill's December 31, 2020, balance sheet relative to these securities? What should be reported on Sandhill's 2020 income statement? (If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)