Fisher Corporation has the following investments at December 31, 2020:
-Refer to the above table.If Satellite irrevocably elected to classify its investment in Davenport at fair value through OCI, what amount will be reported for the investment at September 30, 2020?
A) $1,000
B) $18,000
C) $19,000
D) $20,000
Correct Answer:
Verified
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