Table:
|  |  |  | April 30, 2019 |  |
| --- | --- | --- | --- | --- |
|  | Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Market Value |
| Fixed income securities | $8,152 | $71 | $(24) | $8,199 |
|  |  |  | April 30, 2018 |  |
|  | Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Market Value |
| Fixed income securities | $6,274 | $10 | $(135) | $6,149 |
Paragraphs:
8. Marketable Securities
The cost, gross unrealized gains, gross unrealized losses and fair market value of available-for-sale securities at April 30, 2019 and 2018, respectively, were as follows (in thousands):
Question:
What is the average fair market value for 2018 and 2019?
Answer: (8199+6149)/2 = 7174