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Tride Ltd. purchased 1084 shares of Next Ltd. on July 1, 20x5 at $19.31 per share. On December 31, 20x5, the market value of the

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Tride Ltd. purchased 1084 shares of Next Ltd. on July 1, 20x5 at $19.31 per share. On December 31, 20x5, the market value of the Next shares was $9.32 and on December 31, 20x6, the market value had increased to $13.33 On February 28, 20x7 the shares of Next Ltd. were sold for $24.77 What is the balance of the Investment in Next Ltd account at January 1, 20x7? Select one: a. $26851 b. $10103 Od $14450 w $20992

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