The following information is available for an enterprise's security investments as of December 31,2014:
-In June 2015,the enterprise decided to reclassify the Flash bonds as securities available-for-sale.The bonds had a market value of $31,000 at the time of the reclassification. What amount of holding gain or loss is immediately recognized in 2015 earnings?
Definitions:
New Mexico Territory
A historical region of the United States that existed from 1850 until 1912, when New Mexico became a state, comprising modern-day New Mexico and Arizona.
Americanization
The process through which non-American cultures, societies, or individuals adopt or assimilate American customs, values, and ways of life.
Slavery In California
The practice of slavery in California, particularly complex given the state's history and the different legal statuses of slavery and indentured servitude.
Chinese Immigrants
Individuals from China who have relocated to another country, historically significant for their large-scale migration during the 19th and early 20th centuries.
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