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What entry would Monty make at December 31, 2017, to record the investment in Arroyo Company stock if it chooses to report this security using

What entry would Monty make at December 31, 2017, to record the investment in Arroyo Company stock if it chooses to report this security using the fair value option? What entry would Monty make at December 31, 2017, to record the investments in the Lee and Woods corporations, assuming that Monty did not select the fair value option for these investments

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