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On December 3 1 , 2 0 2 3 , Lincoln Company provided you with the following information regarding its equity investments. None of the

On December

31, 2023,

Lincoln Company provided you with the following information regarding its equity investments. None of the equity investments results in significant influence. The balance in the fair value adjustments account on January

1, 2023,

was a $

2, 000

debit.

\

table

[[

Investment

,

Cost,Fair Value

], [

Company A

,

25, 000,

24, 000

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