is the gain on sale of the financial assets at amortized cost reported in the balance sheet ?

and if so where? thanks

13-8 CHAPTER 13 Investments DO IT! 1 Debt Investments Jan. 1. 2022 Waldo AG had the following transactions pertaining to debt investments at amortized cost. Purchased 30. 1,000 Hillary AG 10% bonds for 30,000. Interest is payable annually on January 1. Accrued interest on Hillary AG bonds in 2022. Received interest on Hillary AG bonds. Dec. 31, 2022 Jan. 1. 2023 Jan. 1, 2023 Dec. 31, 2023 Sold 15 Hillary AG bonds for 14,600. Accrued interest on Hillary AG bonds in 2023. Journalize the transactions. Solution Financial Assets at Amortized Cost 30.000 Jan. 1 (2022) Cash (To record purchase of 30 Hillary AG bonds) Interest Receivable Dec. 31 (2022) Interest Revenue (30,000 x 10%) (To accrue interest on Hillary AG bonds) Jan. 1 (2023) Interest Receivable (To record receipt of interest on Hillary AG bonds) Cash Jan. 1 (2023) Loss on Sale of Financial Assets at Amortized Cost Financial Assets at Amortized Cost 30,000x15/30) (To record sale of 15 Hillary AG bonds) Interest Receivable Interest Revenue (15,000 10%) (To accrue interest on Hillary AG bonds) Cash Dec. 31 (2023) Related exercise material: BE13.1, E13.2, and E13.3. 3,000 3,000 14,600 400 1,500 30,000 3,000 3,000 15.000 1.500 ACTION PLAN .Record bond investments at cost. . Record interest when accrued. . When bonds are sold, credit the investment. crean account for the cost of the bonds. . Record any difference. between the cost and the net proceeds as a gain or loss