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l, L10W the financial statement presentation of Indicate rIlley and related accounts. presento Lo3) odfrey Corporation holds, as a long-term investment, available-for-sale securities $72,000. At

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l, L10W the financial statement presentation of Indicate rIlley and related accounts. presento Lo3) odfrey Corporation holds, as a long-term investment, available-for-sale securities $72,000. At December 31, 2017, the fair value of the securities is $68,000. Prepare Prepar fair va BE16 6 the adjusting entry to record the securities at fair value

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