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Nevill Corp invests in short term investments. The following information is available about its investments at December 31, 2020 Investment 1 Investment 2 Investment 3
Nevill Corp invests in short term investments. The following information is available about its investments at December 31, 2020 Investment 1 Investment 2 Investment 3 Cost Market $40,000 $36,000 30,000 26,000 80,000 84,000 If Nevill accounts for these at fair value through OCI investments, what is the amount of gain/loss to be recorded in fiscal 2020 comprehensive income? A. A gain of $8,000 OB. A loss of $8,000 OC. Again of $4,000 OD. A loss of $4,000
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