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At the end of the first year of operations, the total cost of the trading securities portfolio is $232,000. Total fair value is $250,000. The financial statements should show Select one: a. an addition to an asset of $18,000 and an unrealized gain of $18,000 in the stockholders' equity section. b. an addition to an asset of $18,000 in the current assets section and a realized gain of $18,000 in Other revenues and gains. c. an addition to an asset of $18,000 and a realized gain of $18,000. d. an addition to an asset of $18,000 in the current assets section and an unrealized gain of $18,000 in Other revenues and gains.

(5 points) Assume the following sales data for a company:

2014 $1,097,000

2013 838,500

2012 675,300

2011 458,700

If 2011 is the base year, what is the percentage increase in sales from 2011 to 2013?

Select one: a. 82.8% b. 54.7% c. 47.2% d. 100.0%