At December 31,2022 , the fair market value of available for sale debt securities held by Toronto Dominion Bank was $750,000. These securities which were originally purchased for $975,000, had an amortized cost basis of $950,000. Recognizing that a portion of the unrealized loss was credit-related, the bank determined that the estimated future discounted cash flows for these securities were $825,000.

On the basis of this information, at December 31,2022 , What would be the amount the company record as the credit loss on these available for sale securities?

Answer rating: 100% (QA)

To determine the amount of credit loss on the availableforsale debt securities ... View the full answer