Excerpts from the financial statements of Macy Limited are provided below. (Numbers are in thousands.) 1997 1996 Balance Sheet Assets: Short-term investments Investment in affiliate Stockholders’ equity: Unrealized price decrease on short-term investments Income Statement Realized gain on short-term investments Unrealized gain on short-term investments Income on equity investment Statement of Cash Flows $290 $160 530 0 (20) 0 $ 80 30 40 Operating section (The following amounts were subtracted from net income in the calculation of net cash from operating activities.): Gains on short-term investments $(110) Equity income in excess of cash received (30) Investing section: Investment in affiliate (500) Investment in short-term investments (280) Sale of short-term investments 240 Footnotes: Short-term investments. As of December 31, 1996, trading securities were valued at $130, and during 1997 no available-for-sale securities were acquired or sold. Investment in affiliate. On January 30, 1997, the company purchased 40% (50,000 shares) of the outstanding equity of Lehmon Financial Services @$10 per share. REQUIRED: Compute the following dollar amounts.

a. The 12/31/97 market value of the short-term equity investments classified as available-forsale.

b. The balance sheet carrying value of the trading securities sold during 1997.

c. Compute the earnings per share dollar amount reported by the affiliate.

d. Compute the per share dividend declared by the affiliate