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Godfrey Corporation holds, as a long-term investment available-for-sale securities costing $76,250. At December 31, 2014, the fair value of the securities is $69,914. Show the

Godfrey Corporation holds, as a long-term investment available-for-sale securities costing $76,250. At December 31, 2014, the fair value of the securities is $69,914. Show the financial statement presentation of the available-for-sale securities and related accounts. Assume the available-for-sale securities are noncurrent.

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