WhisperingCompany has the following securities in its investment portfolio on December 31, 2017 (all securities were purchased in 2017): (1)3,000shares of Anderson Co. common stock which cost $54,000, (2)10,700shares of Munter Ltd. common stock which cost $620,600, and (3)6,400shares of King Company preferred stock which cost $268,800. The Fair Value Adjustment account shows a credit of $10,200at the end of 2017.

In 2018, Whispering completed the following securities transactions.

1.On January 15, sold3,000shares of Anderson's common stock at $22per share less fees of $1,990.2.On April 17, purchased1,000shares of Castle's common stock at $35per share plus fees of $1,980.

On December 31, 2018, the market prices per share of these securities were Munter $61, King $40, and Castle $23. In addition, the accounting supervisor of Whispering told you that, even though all these securities have readily determinable fair values, Whispering will not actively trade these securities because the top management intends to hold them for more than one year.