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Six months ago, a company purchased stock investments with insignificant influence for $78,400. This is the company's first and only purchase of stock. The current
Six months ago, a company purchased stock investments with insignificant influence for $78,400. This is the company's first and only purchase of stock. The current year-end fair value of the stock is $74,000. The company should record a Multiple Choice Credit to Investment Revenue for $4,400. Credit to Unrealized Gain-Income for $4,400. Debit to Unrealized Loss-Income for $4,400 Credit to Dividend Revenue for $4,400. Debit to Investment Revenue for $4,400
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