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CALCULATOR FULL SCREE Brief Exercise 16-05 The cost of the trading securities of Ivanhoe Company at December 31, 2020, is $57,000. At December 31, 2020,

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CALCULATOR FULL SCREE Brief Exercise 16-05 The cost of the trading securities of Ivanhoe Company at December 31, 2020, is $57,000. At December 31, 2020, the fair value of the securities is $54,300. Show the financial statement presentation of the trading securities and related accounts. IVANHOE COMPANY Balance Sheet (Partial) IVANHOE COMPANY Income Statement (Partial)

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