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6. The following information was extracted from Gil Co.'s December 31 balance sheet: Noncurrent assets: Available-for-sale securities (carried at fair value) $96,450 Equity: Accumulated other

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6. The following information was extracted from Gil Co.'s December 31 balance sheet: Noncurrent assets: Available-for-sale securities (carried at fair value) $96,450 Equity: Accumulated other comprehensive income: Unrealized gains and losses on Available-for-sale securities (19,800) Historical cost of the available-for-sale securities was a. $63,595 b. $76,650. C. $96,450 d. $116,250

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