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A company failed to record unrealized gains of $38 million on its debt investments classified as trading securities. Its tax rate is 25%. As a

A company failed to record unrealized gains of $38 million on its debt investments classified as trading securities. Its tax rate is 25%. As a result of this error, total shareholders' equity would be: (Round million answer to 2 decimal places.) Understated by $28.50 million. Unaffected. Understated by $9.50 million. Understated by $38.00 million

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