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Cinderella Inc. purchased equity securities for $103,000 and classified them as trading securities on September 15, 2010. At December 31, 2010, the market value of
Cinderella Inc. purchased equity securities for $103,000 and classified them as trading securities on September 15, 2010. At December 31, 2010, the market value of the securities was $106,000 and the company recorded . On January 31 2011 , the company sold these shares for cash of $104,000 and the company recorded $3,000 unrealized gain; $2000 realized loss $3,000 unrealized gain; nothing nothing; $1000 realized gain. nothing; $1000 unrealized gain
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