Question: on december 3 1 st , 2 0 2 4 , balance sheet, Li Company reported its investment in equity securities , which cost 6

on december 31st,2024, balance sheet, Li Company reported its investment in equity securities, which cost 600000, at fair value 560000. At December 31,2025, the fair value of the securities was 585000. What should Li report on its 2025 income statement as a result of the increase in fair value of the investments in 2025

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