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Chix Company purchased the following securities during 2018: 02/01 Ellen ordinary shares, 2000 shares for 374,000. The shares represent 2% of the...

Chix Company purchased the following securities during 2018:


02/01 Ellen ordinary shares, 2000 shares for 374,000. The shares represent 2% of the total outstanding shares of Ellen.

04/01 10% treasury bonds due April 1, 2028; Interest is payable April 1 and October 1; 100 of 10,000 face value bonds purchased at 100

07/01 Arci 12% bods, 150,000, face value dated March 1, 2018; purchased at fave value plus accrued interest. Interest is payable annually on March 1. The bonds are due on March 1, 2028.


The fair value at December 31, 2018 are as follows:

Ellen ordinary shares 190

10% treasury bonds 99

Arci 12% bonds 102


All of these are classified as debt investment at fair market value through profit or loss.

How much total income shall Chix report for the year 2018 as a result of its holdings n the above securities?

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