Seamus Industries Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year: Feb. 24 Acquired 900 shares of Tett Co.'s stock for $146 per share plus a $198 brokerage commission.

May 16 Acquired 1,700 shares of Issacson Co.'s stock for $32 per share plus a $187 commission.

July 14 Sold 400 shares of Tett Co. stock for $162 per share less a $105 brokerage commission.

Aug. 12 Sold 600 shares of Issacson Co. stock for $25 per share less a $78 brokerage commission.

Oct. 31 Received dividends of $0.38 per share on Tett Co. stock.

Dec. 31 At the end of the accounting period, the fair value of the remaining 500 shares of Tett Co.'s stock was $146.42 per share. The fair value of the remaining 1,100 shares of Isaacson Co.'s stock was equal to its cost of $32.11 per share.

How to record Dec 31?