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Telmart Company bought the securities listed below on December 31, 2021. These securities were classified as Held-to-Maturity. Pertinent data at the end of June
Telmart Company bought the securities listed below on December 31, 2021. These securities were classified as Held-to-Maturity. Pertinent data at the end of June 2022 is as follows: Security X Cost $380,000 Fair Value $ 352,000 Y Z 180,000 420,000 160,000 414,000 What amount of unrealized holding loss on these securities should Hobson include in its income statement for the six months ended June 30, 2022? $41,000. $54,000. $0. $13,000. None of the above
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