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ABC Company buys 100 shares of IBM for $150 on January 1, x1. ABC sells 40 shares on June 15, x1 for $170 The price

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ABC Company buys 100 shares of IBM for $150 on January 1, x1. ABC sells 40 shares on June 15, x1 for $170 The price per share at the end of December 31, x1 is $190 What is the entry ABC would make as of December 31, 2017? Important - do NOT provide the entry for January 1 or June 15. Only the entry for December 31,x1. Cash [Choose]

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