Harvard Co. purchased a bond on December 1 of the current year for $30,000 and classified the investment as trading. The market value of the investment at year-end is $36,000. What value will be reported in net income for the adjustment?
A. $ 36, 000
B. $( 6, 000 )
C. $ 6, 000
D. $ 30, 000
Ans: C. $ 6, 000
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