Insert Review Home x cur Draw Page Layout Times New Roman 12 BTU - B O 8 Formulas A A A E Data == ViewH elp Acrobat Wrap Text Merge & Center - $ -% General Copy Paste - Format Painter 88- for Alignment Monroe Corporate (MC) had the following investments as of 12/31/2015 and 12/31/2016 As of 12/31/2015 Market Cost As of 12/31/2016 Market Cost Classical Benchs issued by ABC Company that pay 5% interest. The boods mature in 2018 and MC has no plans to sell these bonds before the y 1 900.000 300.000 $75,000 300000 Faily crest in Rus Corpo MC 2015 hoped to sell the interest antly in 2015 and still plans to sell as soon as they can 130.000 0.000 470.000 500.000 Equity interest Side purchased 3. on 7/31/2015 with na tion to sell 1,300,000 1,200,000 1.250.000 1.200.000 Bonded by XYZ Copion that pary 4.75"wawest. The bonds e in 2037. but MC beves they will need to sell the bonds before that 4. w 1.620,000 1.600.000 1.635.000 1.600.000 2016 3 Rust Corporation (RC) received the following from each of the investment 10.000 Dividende 23 Dividend income 76.000 Questions: Anwese this sheet Awon sheet C How would each of these investments le classified MC's 12/31/2016 balche What dollar amounts would appear for each of these intents on MC 12/31/2016 balance sheet? How would MC report the earnings and changes in the value on the income statement t est of comprehensive income for the year ended 12/11/2016 Awer on shoc problem B&C Type here to search A B C D E B. Current Assets Non-Current Assets - 1 3 C. Income Statement Other Comprehensive Income Total comprehensive income from investments problem B&C Type here to search