The available-for-sale investments at cost and fair value on December 31, 20Y4, are as follows: Issuing Company Cost Fair Value Bemard Co. $28,500 $25,900 Chadwick Co. 32,800 30,700 $61,300 $56,600 The investment in Jolly Roger Co. stock represents 32% of the outstanding shares of Jolly Roger Co. The following selected transactions occurred during 20Y5: Jan. 2. Purchased $61,600 of Gozar Inc. 5%, 10-year bonds at 100. The bonds are dassified as an available-for-sale investment/The bonds pay interest on June 30 and December 31. June 30. Oct. 1. 9. Dec. 31. Received interest for 6 months on the Gozar Inc. bonds purchased on January 2. Purchased $36,000 of Nightline Co. 5%, 10-year bonds at 100. The bonds are classified as an available-for-sale investment. The bonds pay interest on October 1 and April 1. Dividends of $10,200 are received on the Jolly Roger Co. investment. Jolly Roger Co. reported a total net income of $94,000 for 20Y5, which O'Brien Industries Inc. recorded using the equity method. 31. Received interest for 6 months on the Gozar Inc. bonds purchased on January 2. 31. Accrued 3 months of interest on the Nightline bonds. 31. Adjusted the available-for-sale investment portfolio to fair value, using the following fair values: