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DuBois Corporation purchased an available-for-sale investment in 1,100 shares of Southwest SuppliesSouthwest Supplies stock for...

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Accounting

DuBois Corporation purchased an available-for-sale investment in 1,100 shares of Southwest SuppliesSouthwest Supplies stock for $21 per share. On the next balance-sheet date, Southwest Supplies stock is quoted at $24 per share. DuBois' income statement should report

A) investments of $23100

B) unrealized loss of $3300

C) unrealized gain of $3300

D) nothing because investment has not been sold

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