Following is a portion of the investments footnote from Redfield Inc.'s 2017 annual report. (in millions) 2017 Amortized cost of marketable equity $546,673 Gross unrealized gains 13,114 Gross unrealized losses $ 38,983 What amount does Redfield report for its passive investments in marketable equity securities on it 2017 balance sheet?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
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Chapter13: Marketable Securities And Derivatives
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Problem 20E
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Following is a portion of the investments footnote from Redfield Inc.'s 2017 annual report.
(in millions)
2017
Amortized cost of marketable equity
$546,673
Gross unrealized gains
13,114
Gross unrealized losses
$ 38,983

What amount does Redfield report for its passive investments in marketable equity securities on it 2017 balance sheet?
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