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| Landau Corporation elects to use the fair value method to account for its servicing assets. Which of the following statements is true? A. Changes in fair value are reported in earnings of the period. B. The assets are measured for impairment at the end of each reporting period. C. The assets are amortized in proportion to and over the period of estimated net servicing income or net servicing loss. D. Changes in fair value are reported in other comprehensive income. |