Face Value

What statement describes the the results of the change in the fair value as of Dec. 31, 2009?

In 2008, Metro Crop. bought stock and classified it as available-for-sale securities. The original cost was $16,000, the fair value at the end of 2008 was $16,500, and the fair value at the end of 2009 was $17,000.

Public Comments

1. The fair value has increased by $500 during 2008. Is that what you're looking for?