Brooks Corp. is a medium-sized corporation specializing inquarrying stone for building construction. The company has longdominated the market at one time achieving a 70% marketpenetration. During prosperous years the companys profitscoupled with a conservative dividend policy resulted in fundsavailable for outside investment. Over the years Brooks has had apolicy of investing idle cash in equity securities. In particularBrooks has made periodic investments in the companys principalsupplier Norton Industries. Although the firm currently owns 12%of the outstanding common stock of Norton Industries Brooks doesnot have significant influence over the operations of NortonIndustries.Cheryl Thomas has recently joined Brooks as assistant controllerand her first assignment is to prepare the 2012 year-end adjustingentries for the accounts that are valued by the fair value rulefor financial reporting purposes. Thomas has gathered the followinginformation about Brookss pertinent accounts.