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Trading securities were purchased for $100,000. Initially the investment climbed in value to $125,000. By year’s end, it had decreased in value to $90,000.

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Trading securities were purchased for $100,000. Initially the investment climbed in value to

$125,000. By year’s end, it had decreased in value to $90,000. At what amount should the trading securities be reported on the year-end balance sheet?

Question 4 options:

$90,000

$100,000

$125,000

None of these.

 
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