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Bonjour Systems accounts for its investment in River Engineering as available for sale. Bonjour's balance in accumulated other comprehensive income with respect to the River
Bonjour Systems accounts for its investment in River Engineering as available for sale. Bonjour's balance in accumulated other comprehensive income with respect to the River investment is a debit balance of $10,000, and Bonjour reports the investment at $100,000 on its statement of financial position. Bonjour purchased the River investment for (ignore taxes): Select one: A. $90,000 B. Cannot be determined from this information. C. $110,000 D. $100,000
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