Journal entries and financial statement presentation of long-term securities available for sale. The following information summarizes data about Rice Corporation's investments in equity securities held as noncurrent assets and classified as securities available for sale:

a. Give all journal entries relating to these equity securities during 2008 and 2009, assuming that the accounting period is the calendar year.
b. Provide a suitable presentation of investments in securities in the balance sheet and related notes on December 31, 2008.
c. Provide a suitable presentation of investments in securities in the balance sheet and related notes on December 31.2009.

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Fair Value Acquisition Dec. 31, Dec. 31, 2009 Selling Date Date Sold 10/5/2009 Price Security Cost 2008 Acquired 3/5/2008 $52,000 $40,000 $45,000 $70,000 5/12/2008 sao,000 $83,000 3/22/2009 $32,000 $27,000 10/5/2009 D. 5/25/2009 $16,000 $17,000 $63,000 $67,000