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3 Beresford Inc. purchased several investments in debt securities during 2020, its first year of operations. The following information pertains to these securities. The fluctuations

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3 Beresford Inc. purchased several investments in debt securities during 2020, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent Hold-to-Maturity Securities ABC Co. Bonds Yair Value 12/31/2020 $384,000 Fair Value 12/31/2021 $409,000 Amortixed cost 12/31/2020 $376,500 Amortized cost 12/31/2021 $369,000 05100 Trading Securities DEP Co. Bonde GEL Inc. Donde IJK Inc. Bonda Pair Value 12/31/2020 $ 54,000 $ 56,000 $ 53,000 Yair Value 12/31/2021 $ 65,000 $ 86.000 $ 47,500 Cost $ 68,100 $ 48,000 $ 41,900 Cost Available for sale Securities LION Co. Bonds Yair Value 12/31/2020 $146,400 Fair value 12/31/2021 $159,700 $149,000 What balance sheet amount would Beresford report for the total of its investments in bonds at 12/3120207 What balance sheet amount would Beresford report for the total of its investments in bonds at 12/312020? 0:51 Multiple Choice $693.400 None of these answer choices are correct $678,700 $685,900

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