Reference no: EM132589817

Easton Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2018, Easton Company acquired the following trading securities:

Date              Company              # of Shares               Price per Share

8/15              X Company            1,500                       $48

9/25              Y Company            1,250                      30

9/30                Z Company           1,000                  22

On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12 per share. The following were the year-end market values:

Company                   FMV per Share

X Company                     $43

Y Company                      15

Z Company                         21

Question 1: What the total dollar values that Easton Company should record for the Unrealized Gain or (Loss) on Trading Securities for 2018? Enter a Loss as a negative number.