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3 4 . At December 3 1 , 2 0 2 5 , Sandhill Company has a portfolio of equity securities valued at $ 1

34 .

At December

31, 2025,

Sandhill Company has a portfolio of equity securities valued at $

184000 .

Its cost was $

148000 .

If the Fair Value Adjustment has a debit balance of $

8800,

which of the following journal entries is required at December

31, 2025 ?

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