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Trading Securities The financial statements of Whitman Corporation provide the following information about the company's investments in trading securities: Market Values at December 31 Cost
Trading Securities The financial statements of Whitman Corporation provide the following information about the company's investments in trading securities: Market Values at December 31 Cost 2020 2019 2018 Stanton, Inc. $4,200 $4,340 $3,500 $3,780 Hicks Co 9,800 8,960 8,820 10,360 Judge Co 14,000 13,580 13,300 13,720 Total $28,000 $26,880 $25,620 $27,860 What would be the unrealized gain or loss reported in the income statement for each of the three years? Note: Use a negative sign to indicate a loss will be reported on the income statement. 2018 2019 2020 Gain/(Loss) $ 0 x $ 0 x $ 0 X
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