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Sarasota Ltd . holds equities securities in its portfolio and is accounting for those investments using the FV - NI method. On March 1 ,
Sarasota Ltd holds equities securities in its portfolio and is accounting for those investments using the FVNI method. On March
the company purchased shares of a publicly traded company for $ and paid a commission brokerage fee of
$ on the purchase transaction. What is the cost base of the investment to include for the recording of the portfolio value?
$
$
$
None of the choices are correct.
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