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At December 31, 2021, Wildhorse Company has an equity portfolio valued at $151000. Its cost was $126000. If the Securities Fair Value Adjustment has a

At December 31, 2021, Wildhorse Company has an equity portfolio valued at $151000. Its cost was $126000. If the Securities Fair Value Adjustment has a debit balance of $7700, which of the following journal entries is required at December 31, 2021? 25000 25000 17300 17300 Unrealized Holding Gain or Loss-Income Fair Value Adjustment Unrealized Holding Gain or Loss-Income Fair Value Adjustment O Fair Value Adjustment Unrealized Holding Gain or Loss-Income O Fair Value Adjustment Unrealized Holding Gain or Loss-Income 25000 25000 17300 17300

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