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(TCO B) Valet Corp. began operations in 2010. An analysis of Valet's equity securities portfolio acquired in 2010 shows the following totals at December 31,

(TCO B) Valet Corp. began operations in 2010. An analysis of Valet's equity securities portfolio acquired in 2010 shows the following totals at December 31, 2010 for trading and available-for-sale securities:

Trading Available-For-Sale

SecuritiesSecurities

Aggragate Cost $90,000 $110,000

Aggragate Fair Value 65,000 95,000

What amount should Valet report in its 2010 income statement for unrealized holding loss?(Points : 5)

$40,000. $10,000. $15,000. $25,000

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