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Park Inc. carries the following debt investments on its books at December 31, 2021, and December 31, 2022. All securities were purchased during 2021.
Park Inc. carries the following debt investments on its books at December 31, 2021, and December 31, 2022. All securities were purchased during 2021. Trading Securities: Company Cost Value at 12/31/2021 Value at 12/31/2022 Company 1 Company 2 $2,000 $ 4,000 $ 3,000 $3,000 $ 5,000 $ 5,000 Available for Sale Securities: Company Value at Cost 12/31/2021 Value at 12/31/2022 Company A Company B $2,000 $3,000 $ 5,000 $ 4,000 $ 5,000 $2,000 Based on the information presented for Park Inc., what effect would the valuation of these debt investments as of December 31, 2021 have on net income for 2021? $0. O $2,000. $3,000. $4,000. O None of the above
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