Your answer is partially correct. On December 31, 2027, Cullumber's securities portfolio consisted of the following common stocks. During the year 2027, Cullumber Corp. sold 3,000 shares of Lindsay Jones, Inc. for $39,700 and 500 shares of Duff Company at a loss of $2,800. What should be reported on Cullumber's December 31,2026 , balance sheet? What should be reported on Cullumber's 2026 income statement? Your answer is partially correct. On December 31, 2027, Cullumber's securities portfolio consisted of the following common stocks. During the year 2027, Cullumber Corp. sold 3,000 shares of Lindsay Jones, Inc. for $39,700 and 500 shares of Duff Company at a loss of $2,800. What should be reported on Cullumber's December 31,2026 , balance sheet? What should be reported on Cullumber's 2026 income statement