Sam Corporation began operations in 2017. An analysis of Sams equity securities portfolio acquired in...
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Accounting
Sam Corporation began operations in 2017. An analysis of Sams equity securities portfolio acquired in 2017 shows the following totals at December 31, 2017.
CT Chicago
Pizza Corp Pizza Inc
Aggregate cost $90,000 $110,000
Aggregate fair value 100,000 95,000
What amount should Sam report in its 2017 income statement for unrealized holding loss
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