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PERSONS SERVICES CORP. <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31, 2022 <br /> <br />13 <br /> <br /> <br />NOTE D – MARKETABLE SECURITIES <br /> <br />Marketable securities have been classified according to management’s intent. The cost of securities and their <br />approximate level 1 fair values are as follows: <br /> <br /> <br />Cost Basis Gain (Loss) <br />Marketable securities <br />available-for-sale 1,414,590$ 181,760$ 1,596,350$ <br />December 31, 2022 <br />Gross <br />Unrealized <br />Fair Value <br /> <br /> <br /> <br /> <br />Equity securities are carried in the financial statement at fair value. Net unrealized holding gains (losses) on available- <br />for-sale securities in the amount of ($89,550) for the year ended December 31, 2022, have been included in income. <br />These investments consist primarily of publicly traded mutual funds and shares of equity securities. <br /> <br />Realized gains (losses) from sales of securities available for sale are as follows: <br />Cost Basis <br />Marketable securities <br />available-for-sale 120,150$ 124,802$ (4,652)$ <br />December 31, 2022 <br />Gain (Loss) <br />Proceeds <br />from Sales <br /> <br /> <br />Management uses the specific identification method to determine the cost basis of securities sold. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />