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3. On December 27, 2020, Silver Corporation sold 2,500 of its 3,000 Chevron shares, at a price of $51.20 per share. The shares were

3. On December 27, 2020, Silver Corporation sold 2,500 of its 3,000 Chevron shares, at a price of $51.20 per share. The shares were bought 6 months ago at $47.05 per share. Required: Show journal entry to record the sale and gain or loss. (3 Points)

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