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20. If 2,500 shares of stock are purchased for 90pershareandaresoldoneyearlater for82 per share, and the equity investment was classified as FVTPL. What is the
20. If 2,500 shares of stock are purchased for 90pershareandaresoldoneyearlater for82 per share, and the equity investment was classified as FVTPL. What is the net gain or loss on sale? (Assume that there are no transaction costs.) A $2.500 loss B. $20.000 gain CC $20,000 loss D. $2.500 an
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