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Hardy Inc. has an investment in non-trading securities of 180,000. This investment experienced an unrealized loss of 15,000 during the current year. Assuming a 35%

Hardy Inc. has an investment in non-trading securities of 180,000. This investment experienced an unrealized loss of 15,000 during the current year. Assuming a 35% tax rate, the effect of this loss on Hardy Incs comprehensive income will be

no effect.

180,000 increase.

63,000 decrease.

9,750 decrease.

5,250 decrease.

Show your computations

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