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The Analysis of Bond Investments The Discovery Company began operations in 2019, and by year-end (December 31), had made six stock investments. Year- end information

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The Analysis of Bond Investments The Discovery Company began operations in 2019, and by year-end (December 31), had made six stock investments. Year- end information on these stock investments follows: Company Cost or Equity (as appropriate) Year-End Market Value Classification Ling, Inc. $68,000 $65,300 Trading Owl, Inc. $162,500 $160,000 Trading Bionamic, Inc. $197.000 $192,000 Available for sale Foote, Inc $157,000 $154,700 Available for sale Buckley, Inc $100,000 $102,400 Influential Riccer, Inc. $136,000 $133,200 Influential a. At what total amount will the trading stock investments be reported on the December 31 balance sheet? b. At what total amount will the available for sale stock investments be reported on the December 31 balance sheet? c. At what total amount will the influential stock investments be reported on the December 31 balance sheet? d. What total amount of unrealized holding gains or unrealized holding losses related to stock investments will appear on the income statement? Use a negative sign with your answer if amount is an unrealized holding loss. e. What total amount of unrealized holding gains or unrealized holding losses related to stock investments will appear in the stockholders' equity section of the December 31 balance sheet? Use a negative sign with your answeif amount is an unrealized holding loss. Support f. What total amount of fair value adjustment to stock investments will appear on the December 31 balance sheet? Use a negative sign with your answer if amount is an unrealized holding loss. Which category of stock investments does the fair value adjustment relate to? Does the fair value adjustment increase or decrease the financial statement presentation of these stock investments? Check

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