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Exercise 1511 Classifying investments in securities recording fair values LO C1, P2, P3, P4 Information regarding Carperk Companys individual investments in securities during its calendaryear

Exercise 1511 Classifying investments in securities recording fair values LO C1, P2, P3, P4 Information regarding Carperk Companys individual investments in securities during its calendaryear 2017, along with the December 31, 2017, fair values, follows Investment in Brava Company bonds $420,500 cost, $457,000 fair value Carperk intends to hold these bonds until they mature in 2022 Investment in Baybridge common stock 29,500 shares $362,450 cost $391,375 fair value Carperk owns 32 of Baybridges v

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