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Granger Systems accounts for its investment in Weasley Engineering tonds as available-for-sale. Granger's balance in accumulated other comprehensive Income with respect to the Weasley investment

Granger Systems accounts for its investment in Weasley Engineering tonds as available-for-sale. Granger's balance in accumulated other comprehensive Income with respect to the Weasley investment is a credit balance of $16.000, and Granger reports the investment as $120,000 on its balance sheet. How much did Granger invest in Weasley? Numeric Response

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