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The following data pertains to Traverse Co.'s investments in marketable equity securities: What amount should Traverse Co. report as unrealized holding loss to be included
The following data pertains to Traverse Co.'s investments in marketable equity securities: What amount should Traverse Co. report as unrealized holding loss to be included in the 2019 Other Comprehensive Income section?
Select one:
a. $30,000
b. $55,000
c. $65,000
d. $10,000
e. $70,000
Market value 12/31/18 12/31/19 $155,000 $100,000 130,000 120,000 Cost $150,000 150,000 Trading Available-for-saleStep by Step Solution
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