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What the total dollar values that easton company record

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Easton Company prepares annual adjusting entries only. During the third quarter of Fiscal Year 2018, Easton Company acquired the following trading securities

Date Company # of Shares Price per share
8/15 X Company 1,500 $50
9/25 Y Company 1,250 $30
9/30 Z Company 1,000 $22

On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12 per share. The following were the year-end market values:

Company FMV per Share

X Company $49
Y Company $15
Z Company $23

Problem 1: What the total dollar values that Easton Company should record for the Unrealized Gain or (Loss) on Trading Securities for 2018? Enter a Loss as a negative number.

Reference no: EM132728691

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