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Question 18 Mackinac purchased 10% of ABC stock for $100,000 on 1/1/17 Not yet anwered Marker Points out of 3.00 P Flag question Eor the
Question 18 Mackinac purchased 10% of ABC stock for $100,000 on 1/1/17 Not yet anwered Marker Points out of 3.00 P Flag question Eor the Year Ended Value December 31, 2017 $109,000 December 31, 2018 89,000 December 31, 2019 94,000 The 12/31/19 balance of the Securities Fair Value Adjustment account will be: Select one: O a. $6,000 debit O b. $6,000 credit O c. $5,000 credit O d. $5,000 debit O e. $0; No SFVA account exists
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