Illustrate what amount should unruh report

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Reference no: EM13127400

Unruh Corp. began operations in 2007. An analysis of Unruh’s equity securities portfolio acquired in 2007 shows the following totals at December 31, 2007 for trading and available-for-sale securities:

Trading Securities Available-for Sale Securities
Aggregate cost $90,000 $110,000
Aggregate fair value $65,000 $95,000

What amount should Unruh report in its 2007 income statement for unrealized holding loss?

What steps do I follow to get $25,000.

Reference no: EM13127400

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