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Determine the balance to be reported for an investment in the investor's balance sheet and the amount of income to be reported as a result
Determine the balance to be reported for an investment in the investor's balance sheet and the amount of income to be reported as a result of an investment in stock using the cost, fair value, and equity methods.
please explain in detail. this is a conceptual question, so there were not any numbers given. feel free to make up your own numbers
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