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Business, 02.10.2019 02:30 aliveajones2005

S& l financial buys and sells securities which it classifies as available-for-sale. on december 27, 2018, s& l purchased coca-cola bonds at par for $890,000 and sold the bonds on january 3, 2019, for $897,000. at december 31, the bonds had a fair value of $887,500, and s& l has the intent and ability to hold the investment until fair value recovers. what pretax amounts did s& l include in its 2018 and 2019 net income as a result of this investment?

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S& l financial buys and sells securities which it classifies as available-for-sale. on december...
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