Hobson Company bought the securities listed below during 2015.These securities were classified as trading securities.In its December 31,2015,income statement Hobson reported a net unrealized loss of $13,000 on these securities.Pertinent data at the end of June,2016 is as follows:

What amount of loss on these securities should Hobson include in its income statement for the six months ended June 30,2016?

Question

Hobson Company bought the securities listed below during 2015.These securities were classified as trading securities.In its December 31,2015,income statement Hobson reported a net unrealized loss of $13,000 on these securities.Pertinent data at the end of June,2016 is as follows:

What amount of loss on these securities should Hobson include in its income statement for the six months ended June 30,2016?

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The Answer of Hobson Company bought the securities listed below during 2015.These securities were classified as trading securities.In its December 31,2015,income statement Hobson reported a net unrealized loss of $13,000 on these securities.Pertinent data at the end of June,2016 is as follows:

What amount of loss on these securities should Hobson include in its income statement for the six months ended June 30,2016?

Hobson Company Bought the Securities Listed Below During 2015