Question: Current Attempt in Progress During the year ended December 31, 2024, Riverbed Corporation, a public company, had the following transactions related to investments held

Current Attempt in Progress During the year ended December 31, 2024, Riverbed Corporation, a public company, had the following transactions related to investments held for trading purposes: Feb. 1 Purchased 580 IBF common shares for $31,320. Mar. 1 Purchased 1,580 Raimundo common shares for $47,400. Apr. 1 Purchased $193,000 of CRT 4% bonds at par. Interest is payable semi-annually on April 1 and October 1. July 1 Received a cash dividend of $2.00 per share on the IBF common shares. Aug 1 Sold 245 IBF common shares at $58 per share. Oct. 1 Received the semi-annual interest on the CRT bonds. 1 Sold the CRT bonds for $198,000. Dec. 31 The fair values of the IBF and Raimundo common shares were $60 and $26 per share, respectively.

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