3 5 2 On December 31, 20X6, Sand Company had investments in trading securities as follows. Seashell Company Skyblue Company Slategray Inc. Totals SAND COMPANY INVESTMENTS IN TRADING SECURITIES AT DECEMBER 31, 20X6 $246,000. $223,000. $230,000. $253,000. Company Acquisition Cost $ 100,000 75,000 55,000 $ 230,000 Fair Market Value $ 115,000 83,000 48,000 246,000 $ Sand's balance sheet dated December 31, 20X6 should report the trading securities at a value of:

On December 31,206, Sand Company had investments in trading securities as follows. Sand's balance sheet dated December 31,206 should report the trading securities at a value of: $246,000.$223,000.$230,000.$253,000.