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15. On March 1, ABC enters into a futures contract to buy 1,000 barrels of oil for $65.35 each. If the spot price on

15. On March 1, ABC enters into a futures contract to buy 1,000 barrels of oil for $65.35 each. If the spot price on March 31 is $68.70, ABC's quarterly financial statements on March 31 will include a gain in other comprehensive income of 5

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