ABC Company purchased shares of stock of another company for $75,000 during 2008; the shares were classified as trading securities. At the end of 2008, the shares were valued at $81,000 and at the end of 2009 were valued at $79,000. ABC owned no other securities. During 2010 the securities were sold for $83,000. Which of the following statements correctly describes the investor's accounting for the investment?