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Please let me know if anything else is needed in order to complete the question On January 1, 2015 BigTimelnvestor Company (BTI) purchased the following

Please let me know if anything else is needed in order to complete the question

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On January 1, 2015 BigTimelnvestor Company (BTI) purchased the following debt securities as investments: Stated Effective Company Face Interest Interest Interest Purchase Name Value Payment Date Maturity Date Price DEBT1 $200,000 December31 December31, 2020 $200,000 5100.000 10% December31,2019 592.418 The market (fair) value of these securities at December 31, 2015, 2016 and 2017 (BTl's yearend) are as follows (2017 market value for DEBT2 subsequent to sale of 34 of holding): Company Name On December 31, 2017, BTI sells 73 of its investment in DEBT2 for $49,000. For each of the following, round to the nearest dollar. 1. Prepare an amortization schedule for DEBT2. 2. Determine the following amounts if BTI classifies both investments as held-to-maturity: a. 2015 Interest income b. 2016 interest income c. 2015 unrealized gain/loss on held-to-maturity securities d. 2017 gain or loss on sale of )4 of DEBT2. 3. Determine the following amounts if BTI classified both investments as trading securities: a. 2016 interest income b. 2015 unrealized gain/loss on trading securities i. Where is this reported in the financial statements? c. 2016 unrealized gain/loss on trading securities d. 2017 gain/loss on sale of K of DEBT2 e. 2017 balance in Fair Value Adjustment-Trading Securities account 4. Determine the following amounts if BTI classified both investments as available-for-sale securities: a. 2017 interest income b. 2017 gain/loss on sale of K of DEBT2 c. 2017 unrealized gain/loss on available-for-sale securities i. Where is this reported in the financial statements 5. What would be the balance sheet disclosures for these investments on December 31, 2016 and 2017 if they are classified as: a. Held-to-Maturity Securities b. Trading Securities 0. Available-for-Sale Securities

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