Question
1. Lewis Inc. purchased several investment securities during 2014, its first year of operations. The following information pertains to these securities. The fluctuations in their
1. | Lewis Inc. purchased several investment securities during 2014, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent.
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| What balance sheet amount would Lewis report for its total investment securities at 12/31/2016?
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