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Business, 07.10.2019 16:20 VanBrocklin8501

On january 1, 2018, normal plastics bought 15% of model, inc.'s outstanding bonds for $900,000. on october 1, 2019, the bonds were valued at $1,026,000 and normal sold half of the amount it purchased. on december 31, 2019, the remaining bonds were valued at $580,000. how much should normal show on its 2019 income statement from this investment, assuming that it accounts for it as an available-for-sale investment?

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On january 1, 2018, normal plastics bought 15% of model, inc.'s outstanding bonds for $900,000. on o...

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