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Posted on Oct 01, 2024

A company invests $ 3 5 0 , 0 0 0 in equity securities on November 3 0 , 2 0 2 3 , and

A company invests $

350, 000

in equity securities on November

30, 2023,

and classifies them as investments with no significant influence. At December

31, 2023,

the company

s year

-

end, the securities have a fair value of $

345, 000 .

On February

1, 2024,

the company sells the securities for $

360, 000 .

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