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Chapter 12 Investments in HTM, trading, AFS (1 pt) Saved Help At December 31, 2018, Hull-Meyers Corp. had the following investments that were purchased during
Chapter 12 Investments in HTM, trading, AFS (1 pt) Saved Help At December 31, 2018, Hull-Meyers Corp. had the following investments that were purchased during 2018, its first year of operations: Cost Fair Value Trading Securities: Security A Security B $ 940,000 954,000 139,200 $1,085,000 $1,093, 200 145,000 Totals points Securities Available-for-Sale: Security c Security D Totals $ 740,000 816,000 956,600 $1,680,000 $1,772,600 940,000 eBook Securities to Be Held-to-Maturity: Security E Security F Totals $ 530,000 $ 540,800 655,000 649 200 $1,185,000 $1,190,000 No investments were sold during 2018. All securities except Security D and Security F are considered short-term investments. None of the fair value changes is considered permanent. Required: Compute the below table to calculate the following. (Amounts to be deducted should be indicated with a minus sign.) Other Total Net Income Current assets Noncurrent Comprehensive Comprehensive assets Income (OCI) Income Trading Securities Security A Security B Securities Available-for-Sale Security C Security D Securities to be Held-to-Maturity Security E Security F Totals
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