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I need help with all the wrong answers, marked with a RED X. Thank you. [The following information applies to the questions displayed below.] The
I need help with all the wrong answers, marked with a RED X. Thank you.
[The following information applies to the questions displayed below.] The Albertville City Council decided to pool the investments of its General Fund with Albertville Schools and Richwood Township in an investment pool to be managed by the city. Each of the pool participants had reported its investments at fair value as of the end of 2016. At the date of the creation of the pool, February 15, 2017, the fair value of the investments of each pool participant was as follows: Investments 12/31/16 City of Albertville General Fund Albertville Schools Richwood Township $893,500 $ 917,500 ,207000 4,312,250 960,000 3,945,250 Total $9,060,500 9,175,000Step by Step Solution
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