Assume that Jackson Company's investments account had a balance of $270,000 at December 31,201 and...

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Assume that Jackson Company's investments account had a balance of $270,000 at December 31,201 and $330,000 at December 31,202. During 20X2, investments that originally cost $90,000 were sold at cost (with no gain or loss). The cash used to purchase investments was: $150,000 $30,000 $60,000 $145,000

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