Trading Securities During 2013, Litten Company purchased trading securities as a short-term investment. The costs of the securities and their fair values on December 31, 2013, follow: Fair Value, Security Cost Dec. 31, 2013 A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 65,000 $ 75,000 B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . 100,000 54,000 C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 220,000 226,000

Please T account the purchase of these investment securities.

Please T account and make Journal entries for these transactions as of 12-31-2013