Shackley Ltd. owns three equity securities held for trading, which have yielded the following fiscal year-end results:

Question:

A. Dividend income: $\$ 350$

B. Gain on sale: $\$ 2,000$

C. Unrealized loss: $\$ 600$

Which of these are reported on Shackley's statement of earnings?

a. A and B

b. B only

c. A, B, and C

d. B and C

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