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Business, 06.05.2020 06:25 ciel8809

Hawk Corporation purchased 10,000 Diamond Corporation bonds in 2015 for $58 per bond and classified the investment as securities available for sale. The value of the Diamond investment was $82 per bond on December 31, 2016, and $106 on December 31, 2017. During 2018, Hawk sold all of its Diamond investment at $144 per bond. In its 2018 income statement, Hawk would report:

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