Valet Corporation began operations in 2015. An analysis of Valet's equity securities portfolio acquired in 2015 shows the following totals at December 31, 2015 for trading and available-for-sale securities: What amount should Valet report in its 2015 income statement for unrealized holding loss?

Question

Valet Corporation began operations in 2015. An analysis of Valet's equity securities portfolio acquired in 2015 shows the following totals at December 31, 2015 for trading and available-for-sale securities:  What amount should Valet report in its 2015 income statement for unrealized holding loss?

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The Answer of Valet Corporation began operations in 2015. An analysis of Valet's equity securities portfolio acquired in 2015 shows the following totals at December 31, 2015 for trading and available-for-sale securities:  What amount should Valet report in its 2015 income statement for unrealized holding loss?

Valet Corporation Began Operations in 2015