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Reed Corporation has the following investments which were held throughout 20152016: Fair Value Cost 12/31/15 12/31/16 Trading $700,000 $900,000 $850,000 Available-for-sale 700,000 750,000 845,000 What

Reed Corporation has the following investments which were held throughout 20152016:

Fair Value

Cost

12/31/15

12/31/16

Trading

$700,000

$900,000

$850,000

Available-for-sale

700,000

750,000

845,000

What amount of gain or loss would Reed Corporation report in its income statement for the year ended December 31, 2015 related to its investments?

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