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1 View Policies Current Attempt in Progress Indigo Corporation, a public company, has the following investments at November 30, 2021 Investments held for trading purposes:
1 View Policies Current Attempt in Progress Indigo Corporation, a public company, has the following investments at November 30, 2021 Investments held for trading purposes: common shares of National Bank carrying amount $19,500, fair value $20,300, and five-year, 5% bonds of Turbo Corp.carrying amount $39.000, fair value $37.400 FVTOCI investment: 25% of the common shares of Sword Corp.carrying amount $84.200, fair value $81,900 Strategic investment common shares of Epee Inc. (30% ownership). cost $163.800, equity method balance $195.000 Debt investment purchased to earn interest: bonds of Ghoti Ltd. maturing in four years, amortized cost $117,000, fair value $136.500 Debt investment purchased to earn interest: Canadian government 120-day treasury bill, purchased at $19.500.598 interest accrued to November 30, 2021 2 3. 4. 5. Show how the investments would be reported in the assets section of the balance sheet. INDIGO CORPORATION Balance Sheet (Partial) Assets $ $ $ eTextbook and Media
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