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The following data pertains to Jackson Co.'s investments in marketable debt securities: Market value Cost 12/31/2022 12/31/2021 Trading 150,000 155,000 96,000 Available-for-sale 160,000 150,000 100,000
The following data pertains to Jackson Co.'s investments in marketable debt securities:
|
| Market value | |
| Cost | 12/31/2022 | 12/31/2021 |
Trading | 150,000 | 155,000 | 96,000 |
Available-for-sale | 160,000 | 150,000 | 100,000 |
What amount should Jackson report as unrealized gain (loss) in its 2022 income statement?
Input a gain as a positive and a loss as a negative number.
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