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Sandhill Corporation has the following investment which was held throughout 2021-2022: What amount...

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Question

Accounting

Sandhill Corporation has the following investment which was held throughout 2021-2022:
What amount of gain or loss would Sandhill Corporation report in its income statement for the year ended December 31,2022 related
to its investment, if the fair value method of accounting was used?
$308000 gain.
$256000 gain.
$52000 gain.
$52000 loss.
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