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a company aquired debt securities at a cost of 10000 on july 1,2020. at the end of the fiscal year record a fair value adjustment

a company aquired debt securities at a cost of 10000 on july 1,2020. at the end of the fiscal year record a fair value adjustment of 11700 the company tax rate is 35%.

on september 2021 realized an error made on the FVA as the correct amount was 8500

correct the error and show the tax effect.

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