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Reporting and Interpreting Stock Investment Performance Kasznik Company began operations in 2016 and, by year-end (December 31), had made six stock investments. Year-end information orn
Reporting and Interpreting Stock Investment Performance Kasznik Company began operations in 2016 and, by year-end (December 31), had made six stock investments. Year-end information orn these stock investments follows Company Cost or Equity Basis (as appropriate) Year-End Fair Value Investment Classification Barth, Inc. Foster, Inc. McNichols, Inc. Patell, Inc. Ertimur, Inc. Soliman, Inc. $68,000 162,500 197,000 157,000 100,000 136,000 $65,300 160,000 192,000 154,700 102,400 133,200 Trading Trading Available-for-sale Available-for-sale Equity method Equity method a. At what total amount are the trading stock investments reported at in the December 31, 2016, balance sheet? b. At what total amount are the available-for-sale stock investments reported at in the December 31, 2016, balance sheet? c. At what total amount are the equity method stock investments reported at in the December 31, 2016, balance sheet? d. What total amount of unrealized holding gains or unrealized holding losses related to stock investments appears in the 2016 income statement? unrealized loss e. What total amount of unrealized holding gains or unrealized holding losses related to stock investments appears in the stockholders' equity section of the December 31, 2016, balance sheet? xunrealized loss
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