Anthers Incorporated bought the following portfolio of trading securities near the end of $2024$:

Security Cost Fair value $12/31/2024$

A $ $99,000$ $ $103,000$

B $79,00073,000$

C $41,00041,000$

What amount will be reported in the balance sheet for this portfolio at December $31,2024,$ and how will it be classified?

Amount Classification

a$.$ $ $219,000$ Noncurrent Asset

b$.$ $ $219,000$ Current Asset

c$.$ $ $217,000$ Noncurrent Asset

d$.$ $ $217,000$ Current Asset

Multiple Choice

Option a

Option b

Option c

Option d