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On December 31.2019, Grouper Corp. provided you with the following pre-adjustment information regarding its portfolio of investments held for short-term profit-taking: December 31, 2019
On December 31.2019, Grouper Corp. provided you with the following pre-adjustment information regarding its portfolio of investments held for short-term profit-taking: December 31, 2019 Investments Carrying Amount Fair Value Moonstar Corp. shares $19,000 $18,100 Bilby Corp. shares 9,500 8,600 Radius Ltd. shares 19,000 19,600 Total portfolio $47,500 $46,300 During 2020, the Bilby Corp. shares were sold for $9,000. The fair values of the securities on December 31, 2020, were as follows: Moonstar Corp. shares $18,900 and Radius Ltd. shares $19,500. The company does not recognize and report dividends and other components of investment gains and losses separately. aladahen the amount
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