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At the end of the first year of operations, the total cost of the trading securities portfolio is $ 2 4 0 , 0 0
At the end of the first year of operations, the total cost of the trading securities portfolio is $
The fair value of the portfolio is $ The financial statements will report
Select one:
a an addition to an asset of $ in the current assets section and an unrealized gain of $ in Other income and expense.
b an addition to an asset of $ and a realized gain of $
c an addition to an asset of $ and an unrealized gain of $ in the equity section.
d an addition to an asset of $ in the current assets section and a realized gain of $ in Other income and expense.
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