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forever corporation buys bonds at par for $ 7 6 0 , 0 0 0 . on dec 2 7 , 2 0 2 4

forever corporation buys bonds at par for $

760, 000 .

on dec

27, 2024

classified as trading securities

.

at dec

31

the fair value is $

774, 00 .

on jan

3, 2025

bonds were sold for $

790, 000 .

the impact on net income

2024

would be:

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