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In January 2022, the management of Kokomo Corporation, a publicly-traded company decides that it has sufficient cash to purchase some debt and equity securities to

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In January 2022, the management of Kokomo Corporation, a publicly-traded company decides that it has sufficient cash to purchase some debt and equity securities to be held as trading investments. During the year, the following transactions occurred. Feb. 1 Mar. 1 Apr. 1 July 1 Purchased 1,100 shares of NJF common shares for $49,500. Purchased 500 shares of SEK common shares for $20,000. Purchased 76 $1,000,9% CRT bonds for $77,300 Interest is receivable semi-annually on April 1 and October 1. Received a cash dividend of $0.60 per share on the NJF common shares. Sold 210 shares of NJF common shares at $39.00 per share. Received $2 per share cash dividend on the SEK common shares Received the semi-annual interest on the CRT bonds. Sold the CRT bonds for $82,120. Aug. 1 Sept. 1 Oct. 1 Oct. 1 At December 31, Kokomo's fiscal year end, the fair values of the NJF and SEK common shares were $38 and 32 per share, respectively Show the statement of financial position presentation of the Trading Investments at December 31, 2022. KOKOMO CORPORATION Statement of Financial Position (Partial) $ Attempts: 0 of 2 use Save for Later Using multiple attempts will impact your score. 50% score reduction after attempt 1

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