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Beresford Inc. purchased several investments in debt securities during 2020, its first year of operations. The following information pertains to these securities. The fluctuations in

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Beresford Inc. purchased several investments in debt securities during 2020, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent Held-to-Maturity Securities: ABC Co. Bonds Fair Value 12/31/2020 $389,000 Fair Value 12/31/2021 $414,000 Amortized Cost Amortized Cost 12/31/2020 12/31/2021 $381,500 $374,000 Trading Securities: DEF Co. Bonds GEH Inc. Bonds IJK Inc. Bonds Fair Value 12/31/2020 $ 59,000 $ 61,000 $ 58,000 Fair Value 12/31/2021 $ 70,000 $ 91,000 $ 52,500 Cost $ 75,400 $ 53,000 $.46,900 Cost Available-for-sale Securities: LAN Co. Bonds Fair Value 12/31/2020 $153,400 Fair Value 12/31/2021 $166,700 $154,000 What balance sheet amount would Beresford report for the total of its investments in bonds at 12/31/2020? Multiple Choice 5712,000 Securities: LMN Co. Bonds 12/31/2020 $153,400 LOSE 12/31/2021 $166, 700 $154,000 What balance sheet amount would Beresford report for the total of its investments in bonds at 12/31/2020? Multiple Choice $712,900 $720,400 $700.700. None of these answer choices are correct

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