16.2Describe and illustrate accounting for investments in debt securities including held to maturity, trading, and available for sale securities at initial recognition and subsequent to acquisition.

Part 1On January ​1, 20222022​, the Mason Corporation purchased $ 450,000$450,000 par value 6 %6% bonds that mature on December ​31, 20252025. The company has the positive intent and ability to hold t...