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attu Pills at a gain during 1 a. Determine the December b. Provide the December 31, Year 2, balance for-sale securities e securities. Selected in
attu Pills at a gain during 1 a. Determine the December b. Provide the December 31, Year 2, balance for-sale securities e securities. Selected in OBJ.4 ected income plus selected items er 31, Year 2 and Year 3, plus EX 15-19 Missing statement items, available-for-sale secur Highland Industries Inc. makes investments in available-for-sa statement items for the years ended December 31, Year 22, from comparative balance sheets, are as follows: Highland Industries Inc. Selected Income Statement Items For the Years Ended December 31, Year 2 a Year 2 Year 3 $7,500 $(12,000) (21,000) Operating income Gain (loss) from sale of investments Net income (loss) Highland Industries Inc. Selected Balance Sheet Items December 31, Year 1, Year 2, and Year 3 Dec. 31, Year 1 Dec. 31, Year 2 Dec. 31 Dec. 31, Year 3 Assets $ 90,000 12,000 $102,000 $ 86,000 (11,000) e. Available for sale investments, at cost Valuation allowance for available for sale investments Available for sale investments, at fair value Stockholders' Equity Unrealized gain (loss) on available for sale investments Retained earnings (16,400) $175,400 $220,000 There were no dividends. Determine the missing lettered items
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