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  3. 26) during 2021 major company purchased 8,000 shar

26) During 2021 Major Company purchased 8,000 shares of Minor, Inc. for $10 per share....

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26) During 2021 Major Company purchased 8,000 shares of Minor, Inc. for $10 per share. During the year Major Company sold 2,000 shares of Minor, Inc. for $23 per share. At December 31, 2021 the market price of Minor, Inc.'s stock was $25 per share. What is the total amount of gain/loss) that Major Company will report in its income statement for the year ended December 31, 2021 related to its investment in Minor, Inc. stock

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