Trump Report Assignment

Author:

February 18th, 2020

Co has the following investments which were held throughout 2013: Fair Value 12/31/12 12/31/13 $600.000 $570,000 480,000 540,000 $450,000 450.000 Available for What amount of sain or loss would Instrument Corp. report in its Women for the year ended December 2011 related to its investments 2 30.000 gan b. $10,000 loss. S210, 00 sain. d. S120,000 gain. What amount would be reported as accumulated other comprehensive income related to investments in Instrument Corp.'s balance sheet on December 31, 2016, a $60,000 gain. b. $90,000 gain, c. $30,000 gain. d. $180,000 gain. 7.. On its December 31, 2012, balance sheet, Trump Co. reported its investment in available-for-sale securities, which had cost $600,000, at the fair value of $550,000. At December 31, 2013, the fair value of the securities was $585,000. What should Trump report on its 2013 income statement as a result of the increase in the fair value of the investments in 2013?

a $0.

b. Unrealized loss of $15,000.

c. Realized gain of $35,000.

d. The unrealized gain of $35,000. .

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