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Business, 25.02.2020 21:50 shakira11harvey6

Seybert Systems accounts for its investment in Wang Engineering as available for sale. Seybert's balance in accumulated other comprehensive income with respect to the Wang investment is a credit balance of $25,000, and Seybert reports the investment at $170,000 on its balance sheet.

Seybert purchased the Wang Investment for (ignore taxes):

a.$145.000.

b.$195,000.

c. Cannot be determined from this information

d.$170.000.

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