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On Fetruary 1, 2024. Mat Co decides to invest excess cash of 518,800 by purchashng a Dixon. Ine bend at face value At yeat -end,

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On Fetruary 1, 2024. Mat Co decides to invest excess cash of 518,800 by purchashng a Dixon. Ine bend at face value At yeat -end, Decenber 31,2024 , the far value of the Dixon bokd was 520500 . The invostment is calegorired as a trading debt invesiment Read the tessinerist table if no entry is requied, seled The entry receirod' on the frst line of the Accourts and Eyplatiatioe columin and leave the fertaining cells blank Begin by journaltsing Mirf imestenent in the Dimon, inc, bond Requirements 1. Jeunalie the mansactors for Mars investment in Dugn, inc for 2024 2. In what category and at what volue woold M il repor the asset on the December 31, 2024 balance sheet? in what accocet would the market price charige in Dixoris bond be ispocted if at ail? 3. What was the net effoct at the invostment as Mirk net income far the yedr ended December 31, 2024

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