At what total amount will held-to-maturity investments be

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Question - The Analysis of Bond Investments - The Discovery Company began operations in 2019, and by year-end (December 31), had made six bond investments. Year-end information on these investments follows:

Company

Cost or Equity (as appropriate)

Year-End Market Value

Classification

Ling, Inc.

$68,000

$65,300

Trading

Owl, Inc.

$162,500

$160,000

Trading

Bionamic, Inc.

$197,000

$192,000

Available for sale

Foote, Inc.

$157,000

$154,700

Available for sale

Buckley, Inc.

$100,000

$102,400

Held to maturity

Riccer, Inc.

$136,000

$133,200

Held to maturity

Required -

a. At what total amount will the trading investments be reported on the December 31 balance sheet?

b. At what total amount will the available-for-sale investments be reported on the December 31 balance sheet?

c. At what total amount will the held-to-maturity investments be reported on the December 31 balance sheet?

Reference no: EM133133832

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