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Copley Company reported the following for Year 1 Account Investments classified as trading securities Land and (factory) building Actual cost at date of purchase Market

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Copley Company reported the following for Year 1 Account Investments classified as trading securities Land and (factory) building Actual cost at date of purchase Market value at year end $240 $255 $147 $172 At what value should these assets be reported at year-end? Multiple Choice Investments $240 Land & Building $172 Investments $240 Land & Building $147 Investments $255 Land & Building $147 At what value should these assets be reported at year-end? Multiple Choice Investments $240 Land & Building $172 Investments $240 Land & Building $147 Investments $255 Land & Building $147 Investments $255 Land & Building $172

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