BE13-8 Gowdy Corporation has the following long-term investments: (1) Common stock of

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BE13-8 Gowdy Corporation has the following long-term investments: (1) Common stock of
Dixen Co. (10% ownership) held as available-for-sale securities, cost $108,000, fair value
$115,000. (2) Common stock of Ely Inc. (30% ownership), cost $210,000, equity $270,000.
Prepare the investments section of the balance sheet.