What is the amount of gain or loss reported


Question: Ewok Enterprises recently elected the fair value option to account for its investment in Yoda Inc. Ewok purchased the shares for $ 209 comma 000 and the shares are currently trading for $ 191 comma 000 at year minus end. What is the amount of gain or loss reported at year minus end for this investment and where is this gain or loss? reported?

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Accounting Basics: What is the amount of gain or loss reported
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