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Votivo had the following securities that were acquired in Year X1: Security Type Classification Cost Fair Value at 12/31/X1 Fair Value at 12/31/X2 Stock A

Votivo had the following securities that were acquired in Year X1:

Security Type

Classification

Cost

Fair Value at

12/31/X1

Fair Value at

12/31/X2

Stock A 12,000 9,000 10,200
Stock B 5,500 7,500 7,000
Bond A (Trading Security) 7,200 8,500 8,000
Bond B (Available for Sale) 16,500 15,700 15,500
Bond C (Held to Maturity) 6,600 10,575 11,350

Assume the investments in stock represent less than 20% control of the company. The reported value on the 12/31/X1 Balance Sheet will total?

Assume the investments in stock represent less than 20% control of the company. What is the amount of the unrealized gain (loss) recorded as Other Comprehensive Income in the 12/31/X1 Statement of Comprehensive Income?

Assume the investments in stock represent less than 20% control of the company. What is the amount of the unrealized gain (loss) recorded on the 12/31/X2 Income Statement?

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