Question: Required information Problem 1 5 - 3 A ( Algo ) Debt investments in available - for - sale securities; unrealized and realized gains and

Required information
Problem 15-3A (Algo) Debt investments in available-for-sale securities; unrealized and realized gains and
losses LO P3
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Stoll Company's long-term available-for-sale portfolio at the start of this year consists of the following.
Stoll enters into the following transactions involving its available-for-sale debt securities this year.
January 29 Sold one-half of the Company B notes for $78,000.
July 6 Purchased Company x bonds for $123,600.
November 13 Purchased Company Z notes for $267,900.
December 9 Sold all of the Company A bonds for $518,300.
Fair values at December 31 are B, $84,300; C, $604,800; X, $100,000; and Z, $288,000.
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Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available-for-sale
securities.
 Required information Problem 15-3A (Algo) Debt investments in available-for-sale securities; unrealized

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