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A. Is wrong, I tried the first time. QC8-3 (similar to) Question Help Luis Corporation purchased an available-for-sale investment in 1,000 shares of Southwest Sup

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On the balance sheet, it will be reported at fair value. But should not report in the income statement because there is no realized gains. Unrealized gains are reported in other comprehensive income as a part of shareholders’ equity.

Option D is correct

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