Business, 26.11.2019 17:31 Dmoney7784

On its december 31, 2017, balance sheet, estes co. reported its investment in trading securities, which had cost $500,000, at fair value of $475,000. at december 31, 2018, the fair value of the securities was $492,500. what should estes report on its 2018 income statement as a result of the increase in fair value of the investments in 2018?

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On its december 31, 2017, balance sheet, estes co. reported its investment in trading securities, wh...

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