16) Black Corporation bought the following securities during the current year: Security Alpha Co. Beta Co. Delta Co. Cost $91,000 $70,000 $30,000 Fair Value $98,000 $67,000 $38,000 Assume that these securities are trading securities. How will these securities be classified on the balance sheet at December 31 of the current year? A) Amount $191,000 Classification Current Asset B) Amount $203,000 Classification Current Asset Amount $191,000 Classification Noncurrent Asset D) Amount $203,000 Classification Noncurrent Asset