$($a$)$

$$ Your answer is correct.

Calculate the cost and fair value of Canarie $\text{'}$s imestment portfolio at December $31.$

eTextbook and Medla

$($b$)$

Your answer is partially correct.

Assuming Canarie considers its antire portfolio to be trading investments, at what valus should the company report inwestments

on the statament of financial position at Decamber $31$ if it uses the fair value through profit or loss modsl?

Value of imestmant $

At what amount, and whers, should the company raport any unrealized gains or losses on these securitiss$?$

An unrealized

of $

would appear under

on the co