Business, 06.05.2020 05:12 claudiseliss4910

Kasznik Company began operations on January 2, 2019, and by year-end (December 31) had made the following investments in financial securities. Year-end information on these investments follows. Company Cost or End-of-Year Equity Basis (as appropriate) Year-End Fair Value Investment Classification Common stock of Barth, Inc. $68,000 $65,300 Fair value (Trading) Common stock of Foster, Inc. 162,500 160,000 Fair value (Trading) 30-Year US Treasury Bond 197,000 192,000 Available-for-sale 10-Year US Treasury Note 157,000 154,700 Available-for-sale Ertimur, Inc. 100,000 102,400 Equity method Soliman, Inc. 136,000 133,200 Equity method a. At what total amount are the trading investments reported at in the December 31, 2019, balance sheet?

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Kasznik Company began operations on January 2, 2019, and by year-end (December 31) had made the foll...