Question

Your answer is partially correct. Try again. Sunland Corporation has these long-term investments: common stock of Vejas Co. (10% ownership), cost $108,650, fair value $102,180; common stock of Penn I…

Investments
Stock investments (At fair value) 102180
Debt investments (at fair value) 145600
Stock investments (At equity) 245830
Total investment) 493610


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