Question 12 (1 point) Beresford Inc. purchased several investments in debt securities during 2018, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent Held to Maturity Fair Value Securities: 12/31/2017 ABC Co. Bonds $375,000 Trading Fair Value Securities : 12/31/2017 DEF Co. Bonds $ 48,000 GEH Inc. Bonds $ 47,000 DOK Inc. Bonds $ 44,000 Available for Fair Value Sale Securities : 12/31/2017 LMN Co. Bonds $130,500 Fair Value Amortized Cost Amortized Cost 12/31/2018 12/31/2017 12/31/2018 $400,000 $367,500 $360,000 Fair Value 12/31/2018 Cost $ 59,500 $ 66,000 $ 77,000 $ 39,000 $ 38,500 $ 32,900 Fair Value 12/31/2018 $150,400 Cost $140,000 What total unrealized holding gain would Beresford report in its 2019 income statement relative to its investments in debt securities? $55.900. $36,000 $80,900 $48.200 Question 13 (1 point) Seybert Systems accounts for its investment in Wang Engineering as available for sale. Seybert's balance in accumulated other comprehensive income with respect to the Wang investment is a credit balance of $20,000, and Seybert reports the investment at $100,000 on its balance sheet. Seybert purchased the Wang investment for (ignore taxes): MAR $100,000. $120,000 $80,000 Cannot be determined from this information