Question

On September 30, 20x6. Riches Inc. made three investments: 1334 shares of Wendle Inc., 4042 shares of Sam International, and
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Answer #1

Solution:

Amount would be reported as other comprehensive income for the year 20X6 = Unrealized holding gain or loss on Sam international

= ($8.79 - $5.54) * 4042

= $13,136

Hence option a is correct.

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