Transcribed Image Text: Computational- Show your solution in good form 1. Information regarding Stone Co.’s portfolio of FVOCI securities is as follows: Aggregate cost as of 12/31/03 Unrealized gains as

Transcribed Image Text: Computational- Show your solution in good form
1. Information regarding Stone Co.’s portfolio of FVOCI securities is as follows:
Aggregate cost as of 12/31/03
Unrealized gains as of 12/31/03
Unrealized losses as of 12/31/03
170,000
4,000
26,000
30,000
Net realized gains during 2003
At December 31, 2002, Stone reported an unrealized loss of P1,500 in other comprehensive
income to reduce these securities to market. Under the accumulated other comprehensive income
in stockholders’ equity section of its December 31, 2003 balance sheet, what amount should Stone
report?

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