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Posted: June 15th, 2022
University of Lethbridge MGMT 2100 On January 1, 2013, Agronomist Inc.
On January 1, 2013, Agronomist Inc. had a balance of $340,000 in the longer-term investments account. During 2012, Agronomist Inc. sold long-term investments for $115,000 cash, resulting in a $13,000 gain. On December 31, 2013, the long-term investments account showed a balance of $380,000. The long-term investments purchased during 2013 totaled:what? What’s the answer?
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