The cost and fair value of the trading securities held by Lindy Company as of December 31 are as follows: Name Laurie, Inc. Scott Corp. Stephanie Company Timmer Company Total Required: Name Laurie, Inc. Scott Corp. Stephanie Company Timmer Company Total Number of Shares Cost per Share 1,200 Dec. 31 600 900 1,400 $10.50 9.00 4.10 7.35 1. Complete the table above to find the total cost and fair value for the company's trading securities portfolio. Total Cost Total Fair Value 2. Calculate and record the required December 31 adjustment. Fair Value per Share $11.05 9.85 4.00 6.82

The cost and for value of the trading securtes held by tinsy Company as of December 31 are n follows: Required 1. Complete the table above to find the total cost and fair value for the comoanrs trading securities porthio. 2. Colculate and record the resired December 31 odjustment. Dec. 31