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171710/quizzes/316505/take Question 5 On October 9, 2021, ABC Company purchased 17,000 shares (11% of Rose Company stock for $22 per share. The market value per

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171710/quizzes/316505/take Question 5 On October 9, 2021, ABC Company purchased 17,000 shares (11% of Rose Company stock for $22 per share. The market value per share of Rose's stock at December 31, 2021 was $26. ABC sold 3,500 shares of its investment in Rose Company on May 1, 2022 $21 per share. At December 31, 2022, the market value of Rose stock was $24 per share. ABC Company sold 4,400 shares of its Rose Company stock on June 13, 2023 for $28 per share. The market value of the Rose Company stock at December 31, 2023 stock was $17 per share. Calculate the amount of the unrealized loss reported on ABC Company's 2023 income statement. Do not enter your answer with a minus sign in front of your number. Question 6 On January 1, 2019, ABC Company paid $235,000 to buy three pieces of machinery. The fair market values of the machines on the purchase date were: Machine A 580,850

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