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What ball year statement of changes in equity should report

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Reference no: EM132740900

Data regarding Ball Corp.'s investment in available-for-sale debt securities follow:

                                          Cost             Fair Value

December 31, Year 3 $150,000      $130,000

December 31, Year 4 150,000      160,000

Problem 1: Differences between cost and fair values are not due to credit losses. The decline in fair value was properly accounted for at December 31, Year 3. Ball's Year 4 statement of changes in equity should report an increase of

A. $30,000

B. $20,000

C. $10,000

D. $0

Reference no: EM132740900

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