Business, 19.03.2020 01:36 sierravick123owr441

On its December 31, 2017, balance sheet, Oriole Company reported its investment in equity securities, which had cost $510000, at fair value of $488000. At December 31, 2018, the fair value of the securities was $504000. What should Oriole report on its 2018 income statement as a result of the increase in fair value of the investments in 2018?

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On its December 31, 2017, balance sheet, Oriole Company reported its investment in equity securities...

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