On December st, 2oy (fisoal year-end) chair, ine's Trading seurity Portfolio has a marest value of 110 ooo. All securities in the port olio were purchased dwing 201 and had a totalcost offus ooo. idextifiy how this change in market ending pecomber st, 201. If there is no effeaet, siuply wite no effeat value affeeted chair, tne.'s financial statements for the year Income Statement Balance Sheet Assuume that all facts regarding chair, tna.'s investment portfolio are the same as stated above, with the exoeption that the investments had been elassified as Availlable-for-sale at the time of purchase. dentifiy how this change in markeet value affeeted Chair, lne.'s financial statements for the year ending Decouber 31, 201y, tfthere ts no effect, sin.ply write "no effect". Income Statement Balance Sheet 17