3-Pryor Company receives net proceeds of $42,000 on the sale of stock Investments that cost $39,500. This transaction will result in reporting in the income statement a: (a) loss of $2,500 under "Other expenses and losses." (b) loss of $2,500 under "Operating expenses." (c) gain of $2,500 under "Other revenues and gains." (d) gain of $2,500 under "Operating revenues." 4-You have a controlling interest if: (s) you own more than 20% of a company's stock. (b) you are the president of the company, (c) you use the equity method. (d) you own more than 50% of a company's stock