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The following data pertains to Traverse Co.'s investments in marketable equity securities: Market value 12/31/24 12/31/25 Cost $150,000 $155,000 $100,000 What amount should Traverse Co.
The following data pertains to Traverse Co.'s investments in marketable equity securities: Market value 12/31/24 12/31/25 Cost $150,000 $155,000 $100,000 What amount should Traverse Co. report as unrealized holding gain/loss to be included in 2025 Comprehensive Income? Select one: O a. $55,000 gain O b. $55,000 loss O c. $50,000 loss O d. $50,000 gain e. $0
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