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Available for sale Fair Value Fair Value Securities: 12/31/2020 12/31/2021 Cost LMN Co. Bonds $ 159,400 $ 170,800 $157,000 What balance sheet amount would Beresford
Available for sale | Fair Value | Fair Value | |
Securities: | 12/31/2020 | 12/31/2021 | Cost |
LMN Co. Bonds | $ 159,400 | $ 170,800 | $157,000 |
What balance sheet amount would Beresford report for the total of its investments in bonds at 12/31/2020?
a) $ 730,900
b) $ 738400
c) $713800
d)None of these
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