Question 3 At December 31, 2020, the trading securities for Red, Inc. are as follows:...
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Question 3 At December 31, 2020, the trading securities for Red, Inc. are as follows: Not yet answered Marked out of 100 :: Y Flag question Z Security Fair Value Cost $180,000 $185,000 300,000 285,000 61,000 56,000 Red should report the following amount related to the securities in its 2020 income statement: Select one: O $15,000 unrealized loss. $5,000 loss $15,000 unrealized gain. $20,000 unrealized gain
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