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Jill Hollern is the controller of Chavez Inc. At December 31, the companys investments in trading securities cost $74,000. They have a fair value of

Jill Hollern is the controller of Chavez Inc. At December 31, the companys investments in trading securities cost $74,000. They have a fair value of $72,000. Indicate how Jill would report these data in the financial statements prepared on December 31.

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