Essay
Tail Winds Corporation acquired the following equity securities during 2013:
The company's investment in these two companies is passive and classified as available-for-sale. During 2013, TICO paid a dividend of $1.10 per share and Thankful paid a dividend of $1.75 per share. At December 31, 2013, the market value of these securities was $79 per share for TICO and $23 per share for Thankful.

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