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In its first year of operations,Logic Co.purchased bonds of Waterford Co.with a cost of $125,000 and a year-end fair value of $123,700.Logic also purchased bonds of Jasper Co.with a cost of $25,000 and a year-end fair value of $26,100.These are classified as long-term available-for-sale securities.Prepare the journal entry to record the market value of the investments as of its December 31 year-end.
Yingxian
Refers to the location of the Wooden Pagoda, a famous and ancient towering structure in Shanxi, China, known for its architectural significance.
Gyeongju
A city in South Korea, known for its extensive historical sites and ruins from the Silla dynasty, including royal tombs and temple ruins.
Seokguram
A historical Buddhist cave temple located in South Korea, renowned for its monumental statue of Gautama Buddha and intricate stone carvings.
Siberians
Indigenous peoples and ethnic groups inhabiting Siberia, a vast region in Russia, known for their diverse cultures, languages, and adaptation to extreme environments.
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