Following is a portion of the investments footnote from Homer Corp. 2012 10-K. (in millions) 2012 Amortized

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Following is a portion of the investments footnote from Homer Corp. 2012 10-K. (in millions) 2012
Amortized cost of available-for-sale securities...............$231,312

Gross unrealized gains..............................................................7,635

Gross unrealized losses.......................................................$33,123

What amount does Homer report for AVAILABLE FOR SALE securities on its 2012 balance sheet?

A) $25,488 million

B) $205,824 million

C) $231,312 million

D) $256,800 million

E) None of the above

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Sep 07, 2018 03:09 AM

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Following is a portion of the investments footnote from Homer Corp. 2012 10-K. (in millions) 2012 Amortized

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Intermediate Accounting

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