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Seybert Systems accounts for its investment in Wang Engineering as available for sale.
Seybert Systems accounts for its investment in Wang Engineering as available for sale. Setbert's balance in accumulated other comprehensive income w/respect to the Wang investment is a credit balance of $20,000, & they list the investment at $10,000 on their balance sheet. Seybert purchased the Wang investment for (ignore taxes):A:$100,000B:$120,000C:$ 80,000D:can not be determined