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Skysong Corporation has municipal bonds classified as a held - to - maturity at December 3 1 , 2 0 2 5 . These bonds

Skysong Corporation has municipal bonds classified as a held-to-maturity at December 31,2025. These bonds have a par value of $876,000, an amortized cost of $876,000, and a fair value of $799,000. The company believes that impairment accounting is now appropriate for these bonds.
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