Question: 6 0 % September 2 0 1 9 October 2 0 1 9 November 2 0 1 9 December 2 0 1 9 [ January

60%
September 2019
October 2019
November 2019
December 2019
[ January 2020],[ February 2020]
[ April 2020],[ May 2020],[ June 2020],[ July 2020],[ August 2020],[ September 2020]
December 2020
February 2021
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Drawing from the data available, assess the following:
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What is the likely reason for the shifts in the trend of the investment cost?
Northrim invested an additional $100,000 at the beginning of 2019 and again in October of 2020.
Northrim sold some of its investment at the beginning of 2019 and again in October of 2020.
The FASB mandated a change in the way investments in equity securities are accounted for.
6 0 % September 2 0 1 9 October 2 0 1 9 November

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