Question 4 Calculate the total Long-Term Investments amount on a classified balance sheet given the following:...
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Question 4 Calculate the total Long-Term Investments amount on a classified balance sheet given the following: Sinking fund of Bond Payable $100,000 Land (in use) 45,000 Land held for future sale 25,000 Equipment, net 30,000 Prepaid Insurance 2,000 O $125,000 O $127,000 O $155,000 O $145,000 10 pts Question 4 Calculate the total Long-Term Investments amount on a classified balance sheet given the following: Sinking fund of Bond Payable $100,000 Land (in use) 45,000 Land held for future sale 25,000 Equipment, net 30,000 Prepaid Insurance 2,000 O $125,000 O $127,000 O $155,000 O $145,000 10 pts
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