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Five hundred shares of stock were originally purchased for $30 per share and are being held as trading securities. The price increases to $36 per

Five hundred shares of stock were originally purchased for $30 per share and are being held as trading securities. The price increases to $36 per share on July 1 and then decreases to $28 on December 31. At what amount should the investment be valued in the December 31 balance sheet?

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