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WXC incurred the following costs during 2025 to purchase LXT shares: 7 (a) 1,000 shares of LXT at $6 per share: 00:22:54 January 1 payment
WXC incurred the following costs during 2025 to purchase LXT shares: 7 (a) 1,000 shares of LXT at $6 per share: 00:22:54 January 1 payment March 1 payment May 1 payment July 1 payment September 1 payment (b) Interest paid (c) Brokerage fee paid (d) Excise tax paid $2,000 1,000 1,000 1,000 1,000 400 600 300 Assuming the cost method is used, WXC should record this 2025 investment at: Multiple Choice $6,000
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