QUESTION INFORMATION: Raleigh Company engaged in three transactions involving investment securities during 2020, as follows: Transaction 1 Transaction 2 Purchased $150 of investment securities. Sold one-third of the investment securities from Transaction 1 for $60 cash. At December 31, 2020, the market value of the investment securities is $80. Transaction 3 QUESTION TO ANSWER: At what value are Raleigh's 2020 investment securities reported in its December 31, 2020 balance sheet if the securities are classified as available for sale? $80 $100 O $70 O $50 $90 O $60