Question: Mailings Review View Help Unless you need to edit, it's safer to stay in Protected View. Enable Editing On its December 3 1 , 2

Mailings Review View Help
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On its December 31,2022, balance sheet, Quinn Co. reported its equity investment in available-
for-sale securities, which had cost $460,000, at fair value of $420,000. At December 31,2023, the
fair value of the securities was $395,000. What should Quinn report on its 2023 income statement
as a result of the change in fair value of the investments in 2023?
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