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85 S Anthers Inc. bought the following portfolio of trading securities near the end of 2021. Security ABC Cost $80,000 Fair value 12/31/2021 $84,000

85 S Anthers Inc. bought the following portfolio of trading securities near the end of 2021. Security ABC Cost $80,000 Fair value 12/31/2021 $84,000 60,000 22,000 54,000 22,000 02:07:26 What amount will be reported in the balance sheet for this portfolio at December 31, 2021, and how will it be classified? Classification Noncurrent Asset Amount a. $162,000 b. $162,000 Current Asset C. $160,000 Noncurrent Asset d. $160,000 Current Asset Multiple Choice Option a

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