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Business, 13.08.2019 03:10 hunterwilliams375
At the end of year 1, lane co. held trading securities that cost $86,000 and which had a year-end market value of $92,000. during year 2, all of these securities were sold for $104,500. at the end of year 2, lane had acquired additional trading securities that cost $73,000 and which had a year-end market value of $71,000. what is the impact of these stock activities on lane's year 2 income statement?
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At the end of year 1, lane co. held trading securities that cost $86,000 and which had a year-end ma...
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