Beresford Incorporated purchased several investments in debt securities during $2023,$ its first year of operations. The following information pertains to these securities$.$ The fluctuations in their fair values

are not considered permanent.

What balance sheet amount would Beresford report for the total of its investments in bonds at $12/31/2023?$

Multiple Choice

$$706,900$

$$714,400$

$$696,500$

None of these answer choices are correct.