Beresford Inc. purchased several investments in debt securities during 2018, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent.
-What balance sheet amount would Beresford report for the total of its investments in debt securities at 12/31/2017?
A) $637,000.
B) $644,500.
C) $645,400.
D) None of these answer choices are correct.
Correct Answer:
Verified
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