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ABC Investors began investing in 2019. At December 31, 2019, its investment portfolio was account: Investments - Trading Securities Cost Fair Value Unrealized Gain (Loss)
ABC Investors began investing in 2019. At December 31, 2019, its investment portfolio was account: Investments - Trading Securities Cost Fair Value Unrealized Gain (Loss) Hilton Common Stock $30,000 $28,000 $(2,000) Marriott Common Stock $20,000 $18,000 $(2.000) Doubletree Common Stock $50,000 $51,200 $1,200 Total portfolio $100,000 $97,200 $(2,800) The Marriott Common Stock was sold for $18,800 on May 2, 2020. The fair values of the securities remaining in the Investments - Trading Securities account at December 31, 2020 were: Hilton $34,500 Doubletree $38,000 2. Show the complete history of the Securities Fair Value Ad). Account in good form. (25 Points). ABC Investors began investing in 2019. At December 31, 2019, its investment portfolio was account: Investments - Trading Securities Cost Fair Value Unrealized Gain (Loss) Hilton Common Stock $30,000 $28,000 $(2,000) Marriott Common Stock $20,000 $18,000 $(2.000) Doubletree Common Stock $50,000 $51,200 $1,200 Total portfolio $100,000 $97,200 $(2,800) The Marriott Common Stock was sold for $18,800 on May 2, 2020. The fair values of the securities remaining in the Investments - Trading Securities account at December 31, 2020 were: Hilton $34,500 Doubletree $38,000 2. Show the complete history of the Securities Fair Value Ad). Account in good form. (25 Points)
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