On 1/2/20X6, ALPHA acquired 100 shares of CHARLIE Corporation stock at $20 per share, 200 shares of DELTA Corporation stock at $40 per share, and 100 shares of ECHO Corporation stock at $30 per share. All of these shares were purchased as trading securities. The market price per share of these securities at the end of 20X6 and 20X7, respectively, are:

The question is not complete,the complete set of question is attached.

The balance sheet value of the stock as at the end of 20X7 is $12000 as shown below.

Explanation:

The requirement of the question is the balance sheet to be shown for the investments at the end of 20x7. These are investments are revalued to fair value on an ongoing basis to reflect prices and reality in the stock market.The fair value is the closing market price at each point time, as a result the balance value of the investments is calculated thus:

Stock                      Quantity           Closing Price              Value

Charlie                     100                   $22                             $2200

Delta                         200                  $34                             $6800

Echo                          100                   $30                             $3000

                                                Total value of stocks           $12000    

But the shares were earlier acquired for $13000 ($20*100+$40*200+$30*100) on 1st February, 20X6, which implies that overall losses in value of $1000($13000-$12000) have been posted to other comprehensive income as unrealized losses

convection currents in magma drive plate tectonics. the answer is true.

ool enjoy a dunc cap cp cap cap