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What is the amount to be reported for the investment

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Question - On February 15, Alpha Inc. purchases 36,000 common shares of Beta Corp. at $30 each, plus transaction costs totalling $9,000. During the year, Beta Corp. paid a dividend of $1.25 per share. At year-end, the market price of Beta Corp.'s common shares was $33. Assuming that Alpha Inc. Accounts for this investment under the FVPL model, what is the amount to be reported for the investment in the SCI?

Reference no: EM133127718

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