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Marin Inc. has an investment in trading securities of $143000. This investment experienced an unrealized loss of $7300 during the current year. Assuming a 33%
Marin Inc. has an investment in trading securities of $143000. This investment experienced an unrealized loss of $7300 during the current year. Assuming a 33% tax rate, the amount of this loss that would reported as part of other comprehensive income would be:
None.
$95810 loss.
$143000 loss.
$47190 loss.
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