Question: estion Completion Status: Moving to another question will save this response Question 4 of 23 estion 4 1 points Sandridge ne purchased 1.000 Transocean Corporation

 estion Completion Status: Moving to another question will save this response

estion Completion Status: Moving to another question will save this response Question 4 of 23 estion 4 1 points Sandridge ne purchased 1.000 Transocean Corporation bonds in 2020 for $500 per bond and classified the investment as securities available for sale. The value of the Transocean Investment was 1600 per bond on December 31, 2021, and $750 per bond on December 31, 2022. During 2023, Hank sold all of its Diamond investment at $800 per bond Sandridge records unrealed holding gains and lowes up to the moment of sale, what would be the amount of reclassification adjustment that Sandridge would record upon A debit of $150,000 None of these choices is correct Acredit of $250.000 A debit of $300.000 A A bit of $250,000 96 5 0 8 E R T Y U O P D F . J K L : V V B N M ? F V command option

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