On July 1,2010,Carter Company Purchased Trading Securities as Follows

On July 1,2010,Carter Company purchased trading securities as follows:
Dark Corporation common stock (par $1) 10,000 shares at $25 per share.
Janvrin Corporation preferred stock (par $100) 2,000 shares at $105 per share.
The quoted market prices per share on December 31,2010 were as follows:
Dark Corporation stock,$27 per share
Janvrin Corporation stock,$104 per share
Each of the investments represented 5% of the total shares outstanding.The carrying value amount of the investments at December 31,2010 should be

A) $478,000
B) $460,000
C) $458,000
D) $480,000