Weston Company had the following stock investments with insignificant influence in its portfolio at December 31,Year 1.Weston had several investment transactions during year 2.
(1)Determine the amount Weston should report on its December 31,Year 1 balance sheet for its stock investments.
(2)Determine the amount Weston should report on its December 31,Year 2 balance sheet for its stock investments.
(3)Prepare the necessary adjusting entry to record the fair value adjustment at December 31,Year 2. 
Definitions:
Job Rotation
A human resources strategy where employees rotate between various jobs at the same company to gain exposure to different functions and increase job satisfaction.
Work Team
A work team is an arrangement in which a group is given responsibility for designing the work system to be used in performing an interrelated set of jobs.
Interrelated Set
A collection of elements or components connected in such a way that they affect and depend on each other, often seen in systems or processes.
Performance Feedback
Information given to individuals about their job performance, designed to guide and improve future performance.
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