Question 5 (1 point) Saved Investments held for trading are adjusted to fair value when there is a change in fair value. the decline is thought to be permanent. both a) and b) Trading investments should never be recorded at fair value. Question 6 (1 point) Saved Lopez Company purchased 1,000 common shares of George Company on August 1 for $ 16 per share. At December 31, Lopez' s year end, George's shares are selling for $ 20.50 and George reported net income of $ 160,000. Assuming Lopez accounts for the investment using FVTPL, the adjustment to the investment account at year end would be credit to Investment at FVTPL - ABC Company for $ 20,500. debit to Investment at FVTPL - ABC Company for $ 16,000. credit to Investment at FVTPL - ABC Company for $ 4,000. debit to Investment at FVTPL - ABC Company for $4,500