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$900,000
$225,000
555,000
120,000
$900,000
If Goebel Company acquired a 20% interest in Dobbs Company on December 31, 2014 for
$175,000 and the fair value method of accounting for the investment were used, the amount
of the debit to Equity Investments (Dobbs) would have been
o $175,000
o $115,000
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$320,000
$0
$80,000
$400,000
Page 2 of 6
$9,000
$9,960
$10,920
$8,040
$828,800
$830,000
$842,000
$800,000
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$75,000
$33,000
$78,000
$120,000
Available-forPage 4 of 6
Aggregate cost
Aggregate fair
value
Securitie
s
$90,000
Securities
$110,000
80,000
95,000
What amount should Valet report in its 2015 income statement for unrealized holding loss?
o
o
o
o
$5,000
$15,000
$10,000
$25,000
$30,000
60,000
20,000
$110,000
$90,000
$50,000
$70,000
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