The Slawson Company has an investment portfolio that includes three securities. detailed information on each of the listed the securities below. Security 1:. $20 a share is what I paid for 1,000 shares bought last year. On January 1st, the shares were trading at $25 per share. In December of this year, the shares were trading at $27 dollars a share. In general, the shares of Security 1 trade on the New York Stock Exchange. Slawson owns these assets with the goal to generate money by making short-term price movements in their favor; they are classed as trading securities. Security 2: A face value of $1,000 were acquired last year for 98.5. These bonds started trading in January this year, and they were selling for $101.40 each. Unquoted prices are not expected to be available before the end of 2017, since the bonds are lightly traded. It seems, however, that using matrix pricing, where comparable bonds' trading prices are used as reference prices, predicts that the expected price of the bonds will be 97.8 at the end of this year. These securities are considered to be available for sale by Slawson. Security 3: A fund with 500 interests in a real estate investment. Last year, Slawson acquired 300 shares at $15 a share. This valuation was made at the beginning of this year, and it had estimated fair worth of $18. Slawson added another 200 shares to his stake in the company at $16 a share during the course of the year. This is considered to be an available-for-sale investment by Slawson. Most of the assets in this real estate investment trust are owned by individual investors, and transactions are uncommon. This calculation of Slawson's value is estimated as of the end of the year and has relied on its own proprietary study. Make that you have completed all three disclosures on Topic 820 necessary for Level 1, Level 2, and Level 3. Cash flows during the first year of operations for the Gragory&Turner Company were as follows: Cash collected from customers, $340,000; Cash paid for rent, $40,000; Cash paid to employees for services rendered during the year, $120,000; Cash paid for utilities, $50,000. In addition, you determine that customers owed the company $60,000 at the end of the year and no bad debts were anticipated. Also, the company owed the gas and electric company $2,000 at year-end, and the rent payment was for a two-year period. Nothing follows