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Available$-$for$-$Sale Securities

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Instructions

At the beginning of Year $1,$ Ace Company had the following portfolio of investments in available$-$for$-$sale debt securities $($all of which were acquired at par value$)$:

$\backslash$table$[[$Security$,$Cost,$1/1/$Y$1$ Fair Value$],[$A$,$$$20,000,$$$25,000$