Lester's balance sheet at the end of 2008 showed Investment in Marketable Securities at $250,000. On the basis of the data presented above, compute the amount to be reported for Investment in Marketable Securities in Lester Corporation's balance sheet at December 31, 2009.
A) $43,000.
B) $110,000.
C) $137,000.
D) $253,000.
Correct Answer:
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