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A company (the investor) purchased $600,000 of 9%, 10-year bonds from the investee on January 1, 2020 and classified the bonds as available-for-sale. The bonds

A company (the investor) purchased $600,000 of 9%, 10-year bonds from the investee on January 1, 2020 and classified the bonds as available-for-sale. The bonds sold for $771,750. Using the effective-interest method, the investor company amortized the premium/discount for the investee bonds on 12/31/2020 by $438 (assumed). At December 31, 2020, the fair value of the investee bonds was $862,000. What should the investor company report as unrealized holding gains or losses for the year ended on 12/31/2020?

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