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Corey Co.'s income statement accounts for the year ended December 31, Year 2, included the following: Sales Cost of sales Administrative expenses 80,000 Interest expenses

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Corey Co.'s income statement accounts for the year ended December 31, Year 2, included the following: Sales Cost of sales Administrative expenses 80,000 Interest expenses $800,000 320,000 10,000 Other Information: Available-for-sale debt securities held by the company had fair v S250,000 and $300,000 on December 31, Year 1, and December 31, Year 2, respectively. On December 31, Year 2, 70,000 shares of common stock, $1.00 par, we Corey's enacted tax rate for the current and future years is 30%. alues of re outstanding. Corey repurchased 25,000 shares on June 1, Year 2. Corey's comprehensive income is

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