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Brief Exerc 16-07 In its first year of operations Crane Corporation purchased as a long-term investment available for sale debt securities conting 100,500, At December

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Brief Exerc 16-07 In its first year of operations Crane Corporation purchased as a long-term investment available for sale debt securities conting 100,500, At December 31, 2020, the fall value of the securities is $56,450. Show the financial statement Presentation of the securities and related accounts. Assume the securities are no cart CRANE CORPORATION Balance Sheet CRANE CORPORATION Comprehensive Income Statement

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