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Information regarding Thompson Company's portfolio of trading securities follows: Cost Market Value Dec. 31, 2020 Dec. 31, 2021 $185,000 $172,000 $192,000 $165,000 Required: Compute
Information regarding Thompson Company's portfolio of trading securities follows: Cost Market Value Dec. 31, 2020 Dec. 31, 2021 $185,000 $172,000 $192,000 $165,000 Required: Compute the amount of unrealized gain or loss to be reported at the end of 2020 and 2021. Assume that no unrealized gain or loss existed at the end of 2019. What is the dollar Year What is the unrealized gain or loss? 2020 2021 OOOO Unrealized Gain Unrealized Loss Unrealized Gain O Unrealized Loss amount of the unrealized gain or loss? $ $ C
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