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A company held the following short term investments A company held the following short-term investments in equity securities at the end of 20x2 and 20x3

A company held the following short term investments

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A company held the following short-term investments in equity securities at the end of 20x2 and 20x3 (000's) and reported at fair value through net income securities. 20x2 20x3 Security Cost Market Cost Market X $80 $78 $80 $82 Y 124 126 124 sold Z 156 154 156 158 Secruity Y was sold Dec. 31, 20x3 for $128. Explain the gain or loss recognized (realized + any unrealized) in earnings for 20x3 from the investments. Edit View Insert Format Tools Table 12pt v Paragraph BIUALT

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