BE13-7 For the data presented in BE13-6, show the financial statement presentation of the
available-for-sale securities and related accounts. Assume the available-for-sale securities are
noncurrent.
Data from BE13-6: Garrett Corporation holds as a long-term investment available-for-sale stock securities
costing $72,000. At December 31, 2008, the fair value of the securities is $66,000
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