ABC Company purchased, for cash, marketable securities on March 5 at a total cost of $45,000. On June 7, ABC Company sold half of these securities for $25,000. The marketable securities were sold for cash Which of the following is correct regarding the sale of marketable securities on June 7 Select one Gain on sale of investment is $2,500 b.Loss of sale of investment is $20,000 c. Gain on sale of investment is $25,000 Loss on sale of investment is $25,000