What historical cost of available-for-sale marketable debt, Financial Accounting

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What historical cost of available-for-sale marketable debt

Problem

At the end of Year 1, Rome Inc. held marketable debt securities classified as available-for-sale. The securities were carried at fair value of $57,320. Rome has a $2,500 credit loss and a market risk-related unrealized gain of $8,350. What is the historical cost of the available-for-sale marketable debt securities?

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Financial Accounting: What historical cost of available-for-sale marketable debt

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Financial Accounting: What historical cost of available-for-sale marketable debt

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