?

On December 31, Ott Co. had investments in trading securities as follows:
............................Cost ........Fair Value
Man Co. ...............$10,000..... $8,000
Kemo, Inc.............. 9,000........ 11,000
Fenn Corp.............. 11,000 .......9,000
. .........................$30,000...... $28,000
Ott’s December 31 balance sheet should report the trading securities as