Question: At December 3 1 , 2 0 2 4 , Hull - Meyers Corporation had the following investments that were purchased during 2 0 2

At December 31,2024, Hull-Meyers Corporation had the following investments that were purchased during 2024, its first year of operations:
Amortized cost Fair Value
Trading Securities:
Security A $ 940,000 $ 954,000
Security B 145,000139,200
Totals $ 1,085,000 $ 1,093,200
Securities Available-for-Sale:
Security C $ 740,000 $ 816,000
Security D 940,000956,600
Totals $ 1,680,000 $ 1,772,600
Securities to Be Held-to-Maturity:
Security E $ 530,000 $ 540,800
Security F 655,000649,200
Totals $ 1,185,000 $ 1,190,000
No investments were sold during 2024. All securities except Security D and Security F are considered short-term investments. None of the fair value changes is considered permanent.

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