QuestIUI Alpha Financial buys and sells securities which it classifies as available-for-sale. On December 31,...
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Accounting
QuestIUI Alpha Financial buys and sells securities which it classifies as available-for-sale. On December 31, 2021, a bond had an amortized cost of $80,000 and fair value of $84.000. Differences between cost and market values are considered to be temporary. The change in market value was properly accounted for at December 31, 2021. On December 31, 2022, the bond has an amortized cost of $80,000 and the bond's fair value is now $81,000. The amount included in 2022 other comprehensive income as a result of this investment would be: (Do not add dollar sign; do not add comma by yourself to your amount; round the answer to the whole number; use minus sign if the amount is negative) Question 7 of Click Submit to complete this assessment
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