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At the end of its first year, the trading securities portfolio consisted of the following...

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Accounting

At the end of its first year, the trading securities portfolio consisted of the following common stocks. Cost Fair Value Atrium Corporation $ 46,500 $ 50,000 Barnes Inc. 60,000 58,000 Cantor Corporation 80,000 76,400 $186,500 $184,400 The unrealized loss to be recognized under the fair value method is

Answer

A)

$2,000.
B)

$5,600.
C)

$2,100.
D)

$3,600.

Answer & Explanation Solved by verified expert
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