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pls answer the questions in the picture 1. 2. e wmniT Be reported on the balance sh More Info X ct re 2018 6 Purchased

pls answer the questions in the picture 1. image text in transcribed
2. image text in transcribed
e wmniT Be reported on the balance sh More Info X ct re 2018 6 Purchased 2,000 shares of Peaceful stock at a price of $36.00 per share, intending to sell the investment next month. Hartford did not have significant influence over Peaceful 23 Received a cash dividend of $1.20 per share on the Peaceful stock Dec. 31 Adjusted the investment to its market value of $20.00 per share. 2019 Jan. 27 Sold the Peaceful stock for $21.50 per share. Print Done Requirement 2. On December 31, 2018, how would the Peaceful stock be classified and at what value would it be reported on the balance sheet? The Peaceful stock would be classified as a of S on the December 31, 2018, balance sheet e wmniT Be reported on the balance sh More Info X ct re 2018 6 Purchased 2,000 shares of Peaceful stock at a price of $36.00 per share, intending to sell the investment next month. Hartford did not have significant influence over Peaceful 23 Received a cash dividend of $1.20 per share on the Peaceful stock Dec. 31 Adjusted the investment to its market value of $20.00 per share. 2019 Jan. 27 Sold the Peaceful stock for $21.50 per share. Print Done Requirement 2. On December 31, 2018, how would the Peaceful stock be classified and at what value would it be reported on the balance sheet? The Peaceful stock would be classified as a of S on the December 31, 2018, balance sheet

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