Question
At December 31, 2021, Hull-Meyers Corp. had the following investments that were purchased during 2021, its first year of operations: Trading Securities: Security A Security
At December 31, 2021, Hull-Meyers Corp. had the following investments that were purchased during 2021, its first year of operations: Trading Securities: Security A Security B Totals. Securities Available-for-Sale: Security C Security D Totals Securities to Be Held-to-Maturity: Security E Security F Totals Trading Securities Security A Security B Securities Available-for-Sale Amortized cost Fair Value as: $ 910,000 115,000 $1,025,000 Current assets $ 710,000 910,000 $1,620,000 No investments were sold during 2021. All securities except Security D and Security F are considered short-term investments. None of the fair value changes is considered permanent. Noncurrent assets $ 500,000 625,000 $1,125,000 Required: Complete the following table. (Amounts to be deducted should be indicated with a minus sign.) Reported on Balance Sheet $ 921,000 109,800 $1,030,800 $ 789,000 925,400 $1,714,400 $ 510,300 619,800 $1,130, 100 Net Income (1/S) Unrealized gain (loss) included in: Other Total Comprehensive Comprehensive Income (OCI) Income
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