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  3. on january 2 year 1 adam co purchased 10000 shares

on January 2 year 1 adam co purchased 10000 shares of mills corp common stock...

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Accounting

on January 2 year 1 adam co purchased 10000 shares of mills corp common stock for $40 a share. on december 31 year 1 the market price of mills stock was $35 a share on december 28 year 2 adam sold 8000 shares of mill stock for $30 a share for the year ended december 31 year 2 adam should report a loss on sale of investment of
100000
90000
40000
80000

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