Bentley Company acquires Joslyn Company debt securities on January 1, 2020 for $15.000. Upon acquisition, Bentley Company designates the securities as available for sale. Bentley Company sells the Joslyn Company debt securities for $20,000 on February 1, 2021. The following table summarizes the fair value of the Joslyn Company debt securities over the holding period.

Required:
How should Bentley Company record the:
a. Acquisition of the debt securities
b. Subsequent changes in fair value of the debt securities
c. Disposition of the debt securities?

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Date 1/1/2020 12/31/2020 2/1/2021 Fair value $15,000 18,000 20,000