Kitty Company began operations in 2016 and maintains short-term investments in trading securities. The year-end cost and
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Kitty Company began operations in 2016 and maintains short-term investments in trading securities. The year-end cost and fair values for its portfolio of these investments follow.
Portfolio of Trading SecuritiesCostFair ValueDecember 31, 2016$49$41December 31, 20174858December 31, 20186681December 31, 20196861
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