On its December 31, 2024 balance sheet, Sandhill Company appropriately reported a $10,000 debit balance in its Fair Value Adjustment account. There was no change during 2025 in the composition of Sandhill's portfolio of debt investments held as available- for-sale debt securities. The following information pertains to that portfolio: Security X Y Z Cost $154000 116000 199000 $469000 O $24000 $0 O $14000 O $28000 Fair value at 12/31/25 $200000 98000 157000 $455000 What amount of unrealized loss on these debt securities should be included in Sandhill's stockholders' equity section of the balance sheet at December 31, 2025?
On its December 31, 2024 balance sheet, Sandhill Company appropriately reported a $10,000 debit balance in its Fair Value Adjustment account. There was no change during 2025 in the composition of Sandhill's portfolio of debt investments held as available- for-sale debt securities. The following information pertains to that portfolio: Security X Y Z Cost $154000 116000 199000 $469000 O $24000 $0 O $14000 O $28000 Fair value at 12/31/25 $200000 98000 157000 $455000 What amount of unrealized loss on these debt securities should be included in Sandhill's stockholders' equity section of the balance sheet at December 31, 2025?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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