Question

In: Accounting

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

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

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