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39. On December 31st, the marketable (trading) securities you purchased on September 3, 2019 transaction now has a fair market value of $35,000. SEP 3:

39. On December 31st, the marketable (trading) securities you purchased on September 3, 2019 transaction now has a fair market value of $35,000.

SEP 3: $49,000 cash was paid for an investment in Company X's marketable securities!

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