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Shelton Co. purchased a bond on October 4 of the current year for $55.000 and classified it as available-for-sale. The market value of the investment

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Shelton Co. purchased a bond on October 4 of the current year for $55.000 and classified it as available-for-sale. The market value of the investment at year-end is $53.000. What value will be reported in net income for the adjustment, if any? O A. $12.000) B. SO OC. $53,000 OD. Not enough information is given to determine the amount included in net income Stamford Co. purchased a bond on December 1 of the current year for $43.000 and classified the investment as trading. The market value of the investment at year-end is $45,500. What value will be reported in net income for the adjustment? O A. $2,500 OB. $(2,500) OC. $45,500 OD. $43.000 Bendi Corp. purchased 1,000 shares of Kala Corp. for $16 per share. The investment represents 5% ownership, and Bendi does not have significant influence. The fair value at year-end is $15 per share. Assuming no other transactions occurred, where would the $1 per share difference be reported on the year-end financial statements? O A. Operating Income OB. Other Income and (Expense) OC. Other Comprehensive Income OD. None of the above A company invested $45,000 in Yale Co. stock. The investment represented 5% of the voting stock of Yale Co. If the Yale Co. stock investment paid dividends, what account would be credited? O A. Dividend Revenue O B. Cash O C. Interest Revenue OD. Equity Investments

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