At year end, Rim Co. held several investments with the intent of selling them in the near
term. The investments consisted of $100,000, 8%, 5-year bonds, purchased for $92,000,
and equity securities purchased for $35,000. At year end, the bonds were selling on the
open market for $105,000, and the equity securities had a market value of $50,000. What
amount should Rim report as trading securities in its year-end balance sheet?