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stion 11 5 points Use the following information for questions Land 2. Spring Corp has the following investments which were held throughout 2015-2016: Fair Value

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stion 11 5 points Use the following information for questions Land 2. Spring Corp has the following investments which were held throughout 2015-2016: Fair Value Cost 31/12/2015 31/12/2016 Trading $300,000 $400,000 $380,000 Non-trading 300,000 320,000 360,000 1 What amount of gain or loss would Spring Corp. report in its income statement for the year ended December 31, 2016 related to its immen 1. $20,000 gain b. $20,000 loss 140,000 gain d S80.000 gain What amount would be reported as accumulated other comprehensive income related to investments in Spring Corp. 's statement of financial pound at December 31, 2015? a $40,000 gain b S60,000 gain S20,000 gain d. $120,000 guin

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