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Use the Following Information for Questions 87 and 88

question 105

Multiple Choice

Use the following information for questions 87 and 88.
Instrument Corporation has the following investments which were held throughout 2014-2015: Use the following information for questions 87 and 88. Instrument Corporation has the following investments which were held throughout 2014-2015:   -What amount of gain or loss would Instrument Corporation report in its income statement for the year ended December 31, 2015 related to its investments? A)  $40,000 gain. B)  $40,000 loss. C)  $280,000 gain. D)  $160,000 gain.
-What amount of gain or loss would Instrument Corporation report in its income statement for the year ended December 31, 2015 related to its investments?

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Definitions:

Masturbate

The sexual stimulation of one's own genitals, often leading to orgasm, as a means of achieving sexual pleasure.

Orgasmic Disorder

A sexual dysfunction characterized by difficulty experiencing orgasm following a normal sexual excitement phase.

Sexual Intercourse

A physical sexual activity involving the penetration of the genitalia.

Emotional Attachment

A deep and enduring emotional bond that connects one person to another across time and space.

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