Question: I need help with this please BE 12-4 Availableforsale securities IE' L0124 S&L Financial buys and sells securities which it classies as available-for-sale. On December

 I need help with this please BE 12-4 Availableforsale securities IE'

I need help with this please

L0124 S&L Financial buys and sells securities which it classies as available-for-sale.

BE 12-4 Availableforsale securities IE' L0124 S&L Financial buys and sells securities which it classies as available-for-sale. On December 27. 2021, S&L purchased Coca-Cola bonds at par for $325,000 and sold the bonds on January 3, 2022, for $880,000. At December 31. the bonds had a fair value of $873,000, and S&L has the intent and ability to hold the investment until fair value recovers. What pretax amounts did S&L include in its 2021 and 2022 net income as a result of this investment

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