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What is the unrealized gain or loss for these securities

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Question - Rhoads purchased common shares of Company A and B for? $10,000 and $ 8,000?, respectively on? 12/15. Rhoads intends to sell these securities within 30 days. At? 12/31, Investments in Company A? & B had a fair value of? $9,000 and $ 18,000, respectively. Assuming Rhoads has no significant influence over the investee? companies, what is the unrealized gain or loss for these securities and how is it? reported?

Reference no: EM132850406

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