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The following data pertains to Traverse Co.'s investments in marketable equity securities: What amount should Traverse Co. report as Accumulated Other Comprehensive Income in the

The following data pertains to Traverse Co.'s investments in marketable equity securities: image text in transcribed What amount should Traverse Co. report as Accumulated Other Comprehensive Income in the Stockholders' Equity section of the 12/31/19 balance sheet?

Select one:

a. $80,000 credit

b. $30,000 credit

c. $10,000 debit

d. $10,000 credit

e. $30,000 debit

Trading Available-for-sale Market value Cost $155.000 $100,000 $150,000 150,000 130,000 120,000

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