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Zeus Investments Inc. is a regional freight company that began operetions on January 1, 20ys. The foliowing transactions telate to tiading securites acquired by Zeus

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Zeus Investments Inc. is a regional freight company that began operetions on January 1, 20ys. The foliowing transactions telate to tiading securites acquired by Zeus Inc, which has a fiscal vear ending on December 31 : 20r8 Feb. 14. Purchased 2,900 shares of Apollo Inc. common stock at $31 per share plus a brokerage commswion of $580. Apollo Ine. has 120,480 shares of common stock outstanding. Ape. 1. Purchased securties of Ares Inc, as a trading investment for $17,080 Tune 1. Sold 700 shares of Apole inc. for $32 per share iess a $90 brokerage commiswon. June 27. Received an annual dividend of 50.11 per share on 2,200 shares of Apollo Inc, stock. Oct. 15. Sold the remaining shares of Apolo Inc; for $30 per share less a 522 brokerage commission. Dec. 31. The trading securties of Ares inc. have a far value on December 31 of $22,080. 20rg Mac. 14. Purchased securities of Athena inc. as a trading imvettrent for $46,975. July 30, Sold securities of A2hena tise. that cost $7,230 for $5,940, Dec. 31. The far values of the Ares inc, and Athena inc securties are as follow: round per ahare smounts to two decimal places. When required, round final anowers to the nearest dailar. 2. Prepare the Trading Investments section of the December 31,20Y9, balance sheet for Zeus Inc. 3. How are unrealized gains or losses on trading investments presented on the financial statements of Zeu Unrealized gains or losses are reported in the , often as

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