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10. On its December 31, 2012, balance sheet, Trump Co. reported its investment in available-for-sale securities, which had cost $600,000, at fair value of $550,000.

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10. On its December 31, 2012, balance sheet, Trump Co. reported its investment in available-for-sale securities, which had cost $600,000, at fair value of $550,000. At December 31, 2013, the fair value of the securities was $585,000. What should Trump report on its 2013 income statement as a result of the increase in fair value of the investments in 2013? i. $0. j. Unrealized loss of $15,000. k. Realized gain of $35,000. |_. Unrealized gain of $35,000. a. $30,000 gain. b. $30,000 loss. c. $210,000 gain. d. $120,000 gain

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