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In January 2023, Haddock Ltd. had purchased an investment for $150,000. By December 31, 2023, the fair market value of that investment had increased

In January 2023, Haddock Ltd. had purchased an investment for $150,000. By December 31, 2023, the fair market value of that investment had increased by $20,000. Assuming this gain was included in the company's 2023 net income, which accounting method did Haddock use to account for this investment? cost equity O fair value through other comprehensive income (FV-OCI) O fair value through net income (FV-NI)

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