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The investments of Charger Inc. include a single investment: 11,010 shares of Raiders Inc. common stock purchased on February
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Answer #1
Investment in raiders Inc.( 11010 * 39 ) 429390
Cash 429390
fair value adjustment ( 11010 * 3 ) 33030
Unrealised holding gain on trading securities 33030
Part B
It is shown in the income statement.
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