What should be reported on Carla Vista's December $31,2025,$ balance sheet relative to these securities$?$ What should be CARLA VISTA CORP.

Balance Sheet $($Partial$)$

$

CARLA VISTA CORP.

Income Statement

$

reported on Carla Vista's $2025$ income statement?

On December $31,2026,$ Carla Vista's securities portfolio consisted of the following common stocks.

During the year $2026,$ Carla Vista Corp. sold $2,100$ shares of Poley Corp. for $$38,220$ and purchased $2,100$ more shares of Lindsay

Jones, Inc. and $1,100$ shares of Duff Company.