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A rabbi trust is a deferred compensation arrangement for employee retirement purposes whereby funds are invested in an irrevocable trust. What is the carrying value

A "rabbi trust" is a deferred compensation arrangement for employee retirement purposes whereby funds are invested in an irrevocable trust. What is the carrying value of Hormel's securities tied to its rabbi trust on October 30, 2016 and October 25, 2015?

a. $39,903 and $39,329

b. $239,590 and $258,998

c. $540,542 and $473,392

d. $122,305 and $119,668

e. $82,402 and $80,339


Link: https://www.annualreports.com/HostedData/AnnualReportArchive/h/NYSE_HRL_2016.pdf

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