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Anthers Inc. bought the following portfolio of trading securities near the end of 2018. Security Cost $80,000 60, eee 22,eee Fair value 12/31/2018 $84,000 54,000

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Anthers Inc. bought the following portfolio of trading securities near the end of 2018. Security Cost $80,000 60, eee 22,eee Fair value 12/31/2018 $84,000 54,000 22,000 What amount will be reported in the balance sheet for this portfolio at December 31, 2018, and how will it be classified? a b. c. d. Amount classification $162,000 Noncurrent Asset $162,080 Current Asset $160,000 Noncurrent Asset $160,000 Current Asset Multiple Choice 0 0 Option b Options 0 Option d

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