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January 1, 2018, Frixy Co. paid $500,000 for 20,000 shares of Vita.co's common stock and classified these shares as FVTPL financial assets. The fair value
January 1, 2018, Frixy Co. paid $500,000 for 20,000 shares of Vita.co's common stock and classified these shares as FVTPL financial assets. The fair value of Vita Co.'s stock at December 31, 2018, is $27 per share. What is the net asset amount (which includes both investments and any related valuation adjustments) attributable to the investment in Vita.co that will be included on Frixy's balance sheet at December 31, 2018
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