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18. Anthers Inc. bought the following portfolio of trading secu rities near the end of 2006. Security Cost A $80,000 60,000 22,000 $84,000 54,000 22,000

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18. Anthers Inc. bought the following portfolio of trading secu rities near the end of 2006. Security Cost A $80,000 60,000 22,000 $84,000 54,000 22,000 What amount will be reported on the balance sheet for this portfolio at December 31, 2006, and how will it be classified? Amount Classification A) $162,000 Investment B) $162,000 Current Asset C) $160,000 Investment D) $160,000 Current Asset

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