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MacArthur, Inc. invested $75,000 in trading securities, which experienced an unrealized loss of $3,000 in the current year. Assuming a 15% tax rate, what effect
MacArthur, Inc. invested $75,000 in trading securities, which experienced an unrealized loss of $3,000 in the current year. Assuming a 15% tax rate, what effect will this loss have on comprehensive income?
No effect
$11,250 decrease
$75,000 increase
$63,750 decrease
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