Analysis of financial statement disclosures for available-for-sale securities. Exhibit 13.8 reproduces data about marketable equity securities classified as available-for-sale securities by Moonlight Mining Company. Assume that Moonlight held no current marketable securities at the end of 2013, sold no current marketable securities during 2014, purchased no noncurrent marketable securities during 2014, and transferred no noncurrent marketable securities to the current portfolio during 2014. The income statement for 2014 shows a realized loss on sale of noncurrent marketable securities of $3,068,000.

a. What amount of net unrealized gain or loss on noncurrent marketable securities appears on the balance sheet for the end of 2013?

b. What amount of net unrealized gain or loss on noncurrent securities appears on the balance sheet for the end of 2014?

c. What were the proceeds from the sale of noncurrent marketable securities during 2014?

d. What amount of unrealized gain or loss on marketable securities appears on the income statement for 2014?

Cengage Learning 2014 EXHIBIT 13.8 Moonlight Mining Company Data on Marketable Equity Securities (amounts in thousands of US$) (Problem 25) Marketable Equity Securities At December 31, 2014: Current Marketable Securities Noncurrent Marketable Securities. At December 31, 2013: Noncurrent Marketable Securities...... Acquisition Cost $ 7,067 $ 6,158 $21,685 Fair Value $ 4,601 $ 8,807 $11,418