The following data pertains to Traverse Co.’s investments in marketable debt securities:

		Market value
	Cost	12/31/24	12/31/25
Trading	$150,000	$155,000	$145,000
Available-for-sale	150,000	130,000	110,000

What amount should Traverse Co. report as unrealized holding loss to be included in 2025 Net Income?

Select one:

a. $20,000

b. $55,000

c. $60,000

d. $10,000

e. $80,000

Solutions

Expert Solution

ekkarill92 answered 2 years ago

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