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SUUTIE Harry Potter, Inc. purchased several investments in debt securities during 2020, its first year of operations. The following information pertains to these securities. Fair

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SUUTIE Harry Potter, Inc. purchased several investments in debt securities during 2020, its first year of operations. The following information pertains to these securities. Fair Value 12/31/2020 Fair Value 12/31/2021 Held-to-Maturity Securities: Peverell Brothers Co. Bonds Amortized Cost 12/31/2020 Amortized Cost 12/31/2021 $ 377,000 $ 402,000 $ 369,500 5 362,000 Fair Value 12/31/2020 $ 51,400 Fair Value 12/31/2021 $ 61,700 Cost (at Face Value) $ 65, 100 Trading Securities: Elder Wand Co. Bonds Resurrection Stone Inc. Bonds Invisibility Cloak Inc. Bonds $ 49,280 $ 79,000 $ 41,000 $ 46,000 5 40,500 $ 34,900 Available-for- Sale Securities: Firebolt Co. Bonds Fair Value 12/31/2020 $ 132,900 Fair Value 12/31/2021 $ 151,200 Cost (at Face Value) $ 142,800 sheets? 1. What should Harry Potter, Inc. report for its total investment in bonds in the December 31, 2020 and December 31, 2021 balance 2. What would be the balance in Harry Potter's Accumulated Other Comprehensive Income (AOCI) with respect to these investments in its 12/31/2020 and 12/312021 balance sheets (ignore taxes)? 3. What total unrealized holding gain or loss would Harry Potter report in its 2020 and 2021 Net Income relative to its investments in 4. What total unrealized holding gain or loss would Harry Potter report in its 2020 and 2021 Other Comprehensive Income (OCI) relative to its investments in bonds? bonds? tarry repor ang 4. What total unrealized holding gain (OCI) relative to its investments in bonds? 2020 2021 Total investment in bonds reported on the Dec. 31 balance sheet Accumulated Other Comprehensive Income (AOCI) Balance on Dec. 31 Unrealized holding gain/loss included in Net Income Unrealized holding gain/loss included in Other Comprehensive Income (OCI)

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