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What was whitefish purchased price for their investment

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Reference no: EM133026300

Problem - Whitefish Corporation has an investment in Kalispell Company bonds classified as available for sale. Whitefish's balance in accumulated other comprehensive income with respect to the Kalispell investment is a credit balance of $52,000, and Whitefish reports the investment at $140,000 on its balance sheet. What was Whitefish's purchased price for their investment in Kalispell bond (ignore taxes)?

Reference no: EM133026300

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