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The data below pertains to the values of various FVTPL investments held by a client company: Stock Shares Cost Market Value (12/31/2011) X 500 $30

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The data below pertains to the values of various FVTPL investments held by a client company: Stock Shares Cost Market Value (12/31/2011) X 500 $30 = $15,000 $24 = $12,000 1,000 Y 20 = 20,000 30 = 30,000 Z 750 30 = 22,500 24 = 18,000 The company's entire FVTPL portfolio should be valued at which amount on December 31st, 2011? Select one: O a. $53,000 O b. $64,500 OC $50,000 O d. $67,500

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