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  3. 10.2. on 6/30/a, carril co. purchases 10 shares of

10.2. On 6/30/A, Carril Co. purchases 10 shares of Co. A stock for $4 each....

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Accounting

10.2. On 6/30/A, Carril Co. purchases 10 shares of Co. A stock for $4 each. At 1231?A, the firm's fiscal year-end, Co. A is trading at $10? share. On March 15, year B, half of the Co. A stock is sold for $7. On 12/31/B, Co. A stock was trading at $9/share. Provide the information requested below, assuming the investment is correctly classified as a trading security (TS).
a.12/31/A unrealized gain(loss)
-
b. Year B realized gain(loss) reported on the year B income statement
-b
c. Unrealized gain(loss) reported on the year B Income Statement [ck: a.60 b.(15) c.(5)]
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