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Grouper Corporation purchased 5 0 0 common shares of Sigma Inc. for trading purposes for $ 1 5 , 5 0 0 on September 8

Grouper Corporation purchased 500 common shares of Sigma Inc. for trading purposes for $15,500 on September 8 and accounted for the investment at FV-NI. At year end, December 31, Sigr shares were selling for $35.70 per share. Prepare Grouper Corporation's journal entry to record the value adjustment at December 31.

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