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10. Regarding to question No:7. Assuming XYZ used the fair value option with a fair value of the bonds is $575,000, on December 31,2018 XYZ

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10. Regarding to question No:7. Assuming XYZ used the fair value option with a fair value of the bonds is $575,000, on December 31,2018 XYZ records unrealized holding gain or loss as: [n (3 Points) O Cr. Unrealized Holding Gain or Loss-Income. $9,800 O Cr. Unrealized Holding Gain or Loss-income...$9,800 O Cr. Unrealized Holding Gain or Loss-income $10,400 Dr. Unrealized Holding Gain or Loss-income...$10,400 10. Regarding to question No:7. Assuming XYZ used the fair value option with a fair value of the bonds is $575,000, on December 31,2018 XYZ records unrealized holding gain or loss as: [n (3 Points) O Cr. Unrealized Holding Gain or Loss-Income. $9,800 O Cr. Unrealized Holding Gain or Loss-income...$9,800 O Cr. Unrealized Holding Gain or Loss-income $10,400 Dr. Unrealized Holding Gain or Loss-income...$10,400

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