Question: Remaining Time: 40 minutes, 31.seconds. Question Completion Status: Question 5 5 points Save Ans Beresford Inc. purchased several investments in debt securities during 2020, its

Remaining Time: 40 minutes, 31.seconds. Question Completion Status: Question 5 5 points Save Ans Beresford Inc. purchased several investments in debt securities during 2020, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent. Held-to-Maturity Fair Value Fair Value Amortized Cost Amortized Cost Securities : 12/31/2020 12/31/2021 12/31/2020 12/31/2021 ABC Co. Bonds $ 391,000 $ 416, 000 $ 383, 500 $ 376,000 Trading Securities: Fair Value Fair Value 12/31/2020 12/31/2021 Cost DEF Co. Bonds $ 61, 000 $ 72, 000 S 78, 600 GEH Inc. Bonds S 63, 000 S 93, 000 S 55, 000 IJK Inc. Bonds S 60, 000 S 54, 500 S 48, 900 Available-for-Sale Fair Value Fair Value Cost Securities: 12/31/2020 12/31/2021 LMN Co. Bonds 157, 400 $ 169, 100 $ 156, 000 What balance sheet amount would Beresford report for the total of its investments in bonds at 12/31/2020? A) $724,900

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