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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 2020
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 2020 Cost 2019 2018 Stanton, Inc. $3,600 $3,720 $3,000 $3,240 Hicks 8,400 7,680 7,560 8,880 Judge 12,000 $24,000 11,640 11,400 11,760 $23,040 $21,960 $23,880 Total What would be the unrealized gai 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 $ 0 $ 0 Check
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