Stamford Co. purchased a bond on December 1 of the current year for $30,000 and...

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Accounting

Stamford Co. purchased a bond on December 1 of the current year for $30,000 and classified the investment as trading. The market value of the investment at year-end is $32,500. What value will be reported in net income for the adjustment?
A. $(2,500)
B. $2,500
C. $30,000
D. $32,500
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