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Use the following information to answer questions 15 and 16. Hades Inc. purchased several debt investment securities during 2017, its first year of values are

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Use the following information to answer questions 15 and 16. Hades Inc. purchased several debt investment securities during 2017, its first year of values are not considered permanent. operations. The following information pertains to these securities. The fluctuations in their fair Fair Value $400,000 Fair Value Amort. Cost 12/31/2017 12/31/2018 12/31/2017 12/31/2018 $367,500 Amort. Cost Held to Maturity $375,000 Fair Value ABC Co. Bonds $360,000 Fair Value Cost $66,000 $39,000 $32,900 Cost Trading: 12/31/2017 12/31/2018 DEF Co. Stock GEH Inc. Stock UK Inc. Stock $48,000 $47,000 $44,000 Fair Value $59,500 $77,000 $38,500 Fair Value Available for Sale 12/31/2017 12/31/2018 $150,400 MN Co. Stock 140,000 $130,500

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