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Ewok Enterprises recently elected the fair value option to account for its investment in Yoda Inc. Ewok purchased the shares for $ 209 comma 000
Ewok Enterprises recently elected the fair value option to account for its investment in Yoda Inc. Ewok purchased the shares for $ 209 comma 000 and the shares are currently trading for $ 191 comma 000 at yearminus end. What is the amount of gain or loss reported at yearminus end for this investment and where is this gain or loss reported
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