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Anthers Inc. bought the following portfolio of trading securities near the end of 2016. Security Cost $80,000 60,000 22,000 Fair value 12/31/2016 $84,000 54,000 22,000

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Anthers Inc. bought the following portfolio of trading securities near the end of 2016. Security Cost $80,000 60,000 22,000 Fair value 12/31/2016 $84,000 54,000 22,000 What amount will be reported in the balance sheet for this portfolio at December 31, 2016, and how will it be classified? Amount Classification a $162,000 Noncurrent Asset b $162,000 Current Asset c $160,000 Noncurrent Asset d. $160,000 Current Asset O Option A O OptionB O Option C O Option D

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