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Company C had the following investment. Help them determine the financial statement implications of the investment. Investment cost and ending fair values for 201 and

image text in transcribed Company C had the following investment. Help them determine the financial statement implications of the investment. Investment cost and ending fair values for 201 and 202 : 201 income statement information: Assuming the investement is short-term, what is the ending balance of taxes payable on the 201 balance sheet

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