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The comparchased the owner M SY Trading $10,000 5.000 10.000 only 2.2. the methods 3. Secret of sport What LOW! 200 DU Dund. NO 1100 5 Ontmuary of Burton Compact The innen 50.000 persones corto Xat of December of Year! 01 5350 110,000 534030 50 The company purchased the following securities during Year 1. Security Market Value Cost (Dec. 31. Year 1) $ 9,000 $ 10,000 10,000 16,000 Classification Trading Trading A B On July 23, Year 2, the company sold all of the shares of Security B for a total of $9,500. As of December 31, Year 2, the shares of Security A had a market value of 55,800. No other activity occurred during Year 2 in relation to the trading security portfolio. What amount should the company report as UNREALIZED GAIN OR LOSS in the Year 2 income statement? Unrealized Loss of $4,200 Unrealized Loss of $10,200 Unrealized Gain of $4,200 No unrealized gain or loss in the Year 2 income statement Unrealized Gain of $10,200 On January 1 of Year 1, Burton Company purchased 2,000 shares of the 8,000 outstanding shares of Company A for a total of $27,000. The purchase price was equal to 25 percent of the book value of Company A's equity. Company A's net income in Year I was $20,000; net income in Year 2 was $25,000. Dividends per share paid by Company A were 50.80 in Year 1 and $1.00 in Year 2. On Burton Company's books, what amount should be reported as "Investment in Company A" as of December 31 of Year 2? $38,250 $30,600 $19,350 $34,650 $41,850