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E company has an investment in trading securities of $ 1 3 4 0 0 0 . The fair value of the investment declined during

E company has an investment in trading securities of $134000. The fair value of the investment declined during the current year resulting in an unrealized loss of $6700. Assuming a 35% tax rate, the effect of this loss on other comprehensive income will be
no effect.
$46900 decrease.
$134000 increase.
$87100 decrease.
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