On January 1, 2016, Heitzman Company purchased the following shares of stock as a long-term investment in available-for-sale securities: The fair value of the stocks subsequently were as follows: Required:
Calculate the "Net unrealized gains/losses," at both December 31, 2016 and December 31, 2017.

Question

On January 1, 2016, Heitzman Company purchased the following shares of stock as a long-term investment in available-for-sale securities:  The fair value of the stocks subsequently were as follows:  Required:
Calculate the "Net unrealized gains/losses," at both December 31, 2016 and December 31, 2017.

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The Answer of On January 1, 2016, Heitzman Company purchased the following shares of stock as a long-term investment in available-for-sale securities:  The fair value of the stocks subsequently were as follows:  Required:
Calculate the "Net unrealized gains/losses," at both December 31, 2016 and December 31, 2017.

On January 1, 2016, Heitzman Company Purchased the Following Shares