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Business, 17.04.2020 21:14 esmelopez1015

Valet Corporation began operations in 2018. An analysis of Valet’s debt securities portfolio acquired in 2018 shows the following totals at December 31, 2018 for trading and available-for-sale debt securities:

Trading Available-for-Sale
Securities Securities
Aggregate cost $180,000 $220,000
Aggregate fair value 160,000 190,000

What amount should Valet report in its 2018 income statement for unrealized holding loss?

a. $50,000.
b. $10,000.
c. $30,000.
d. $20,000.

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Valet Corporation began operations in 2018. An analysis of Valet’s debt securities portfolio acquire...
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