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Bonita Company in its first year of operations provides the following information related to one of its available-for-sale debt securities at December 31, 2025. Amortized
Bonita Company in its first year of operations provides the following information related to one of its available-for-sale debt securities at December 31, 2025. Amortized cost $52,200 Fair value 44,400 Expected credit loss 12,800 (a) What is the amount of the credit loss that Bonita should report on this available-for-sale security at December 31, 2025? (Do not leave any answer field blank. Enter O for amounts.) Amount of the credit loss $ (a) What is the amount of the credit loss that Bonita should report on this available-for-sale security at December 31, 2025? (Do not leave any answer field blank. Enter O for amounts.) Amount of the credit loss eTextbook and Media List of Accounts Save for Later Attempts: 0 of 15 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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