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DerbyDerby Co. purchased an? available-for-sale stock investment on OctoberOctober 44 of the current year for $ 51 comma 000$51,000. The market value of the stock

DerbyDerby

Co. purchased an? available-for-sale stock investment on

OctoberOctober

44

of the current year for

$ 51 comma 000$51,000.

The market value of the stock investment at? year-end is

$ 46 comma 500$46,500.

What value will be reported in net income for the? adjustment, if? any?

A.

$ 46 comma 500$46,500

B.

$( 4 comma 500 )$(4,500)

C.

?$0

D.

Not enough information is given to determine the amount included in net income.

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