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On January 1, 2020, A Corp. had the following investments: Classification Investment Market Value Maturity Value Cost Trading K Inc. bonds $1,900 $1,800 Trading S

On January 1, 2020, A Corp. had the following investments:

Classification Investment Market Value Maturity Value Cost
Trading K Inc. bonds $1,900 $1,800
Trading S Co. bonds 3,100 3,000
Held-to-maturity G Inc. bonds (due 12/31/2022) $10,000 9,700

During the year, A Corp. acquired M Co. bonds for $1,000 and classified it as trading. At year-end, the M Co. bonds have fair market value of $1,200. The K Inc. investment on December 31 had a fair market value of $2,500. The S Co. investment had a December 31 market value of $3,500, and the G Inc. bonds had a December 31 market value of $9,850.

Required:

Indicate the balance sheet classification and where unrealized holding gains/losses would appear on the December 31, 2020 financial statements for each investment.

Classification Balance Sheet Valuation
Select one (Current Assets, Current Liabilities, Long term Investments, Short term investments) : Trading Securities (at fair value) $fill in the blank 2
Select one (Current Assets, Current Liabilities, Long term Investments, Short term investments) : Held-to-maturity (amortized cost) $fill in the blank 4

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