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answer for B part please :)) Show Attempt History Current Attempt in Progress On December 31, 2021, Elkhardt Lte held the following debt and equity
answer for B part please :)) Show Attempt History Current Attempt in Progress On December 31, 2021, Elkhardt Lte held the following debt and equity investments: Quantity Cost per Unit Fair Value per Unit 4.400 1.900 $100 100 $97 134 Debt Securities Dominion bonds Government of Canada bonds Equity Securities Bank of Calgary Matco Inc Argenta Corp. 52 58 4.100 10.300 10.700 30 33 33 37 (a) Your answer is correct. Calculate the cost and fair value of Elkhardt's investment portfolio at December 31 Cost Fair Value Unit Total Unit Total 100 $ 440000 97 426800 100 190000 134 254600 630000 681400 Cost Fair Value Unit Total Unit Total 52 213200 58 237800 30 309000 39 339900 33 355.00 32 395900 875300 973800 1505200 5 Attempts 1 of 3 used (b) If Elkhardt considers its entire portfolio to be trading investments, at what value should the company report investments on the statement of financial position at December 31 if it uses the fair value through profit or loss model Value of Investment At what amount and where should the company report any unrealized gains or losses on these securities? An unrealized of $ would appear under v on the compare e Textbook and Media Attempts: 0 of 3 used SA
answer for B part please :))
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