Question $6-$ class problem

d information

$[$The following information applies to the questions displayed below$]$

On December $31,$ Reggit Company held the following short$-$term investments in its portfolio of available$-$for$-$sale debt securities$.$ Reggit had no short$-$term investments in its prior accounting periods.

$\backslash$table$[[$Available$-$for$-$Sale Securities,Cost,Fair Value$],[$Verrizno Corporation bonds,$$89,600,$$$91,600$