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Question 2 (2 points) On its December 31, 2018, balance sheet, Quinn Co. reported its equity investment in available-for-sale securities, which had cost $340,000, at

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Question 2 (2 points) On its December 31, 2018, balance sheet, Quinn Co. reported its equity investment in available-for-sale securities, which had cost $340,000, at fair value of $360,000. At December 31, 2019, the fair value of the securities was $370,000. What should Quinn report on its 2019 income statement as a result of the increase in fair value of the investments in 2019

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