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Shamrock Corp. invested its excess cash in securities during 2020. As of December 31, 2020, the securities portfolio consisted of the following common stocks. Security

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Shamrock 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 $15,000 $21,100 Poley Corp. 2,000 shares 40,100 42,100 Arnold Aircraft 2,000 shares 71,600 59,700 Totals $126,700 $122,900 What should be reported on Shamrock's December 31, 2020, balance sheet relative to these securities? What should be reported on Shamrock's 2020 income statement? (If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Shamrock Corp. Balance Sheet (Partial) December 31, 2020 Current Assets Equity Investments $ 122900 Income Statement For the Year Ended December 31, 2020 Other Expenses and Losses Unrealized Holding Gain or Loss -Income ta 3800 Your answer is partially correct. On December 31, 2021, Shamrock's securities portfolio consisted of the following common stocks. Security Quantity Cost Fair Value Lindsay Jones, Inc. 1,000 shares $15,000 $20,000 Lindsay Jones, Inc. 2,000 shares 32,700 40,100 Duff Company 1,000 shares 16,000 12,000 Arnold Aircraft 2,000 shares 71,600 22,100 Totals $135,300 $94,200 During the year 2021, Shamrock Corp. sold 2,000 shares of Poley Corp. for $38,300 and purchased 2,000 more shares of Lindsay Jones, Inc. and 1,000 shares of Duff Company. What should be reported on Shamrock's December 31, 2021, balance sheet? What should be reported on Shamrock's 2021 income statement? (If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) What should be reported on Shamrock's December 31, 2021, balance sheet? What should be reported on Shamrock's 2021 income statement? (If no entry is required, select "No Entry"for the account titles and enter O for the amounts.) Shamrock Corp. Balance Sheet (Partial) December 31, 2021 Current Assets Equity Investments 94200 Shamrock Corp. Income Statement (Partial) For the Year Ended December 31, 2021 Other Expenses and Losses Unrealized Holding Gain or Loss -Income $ Loss on Sale of Investments

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