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An investor purchased 5 0 0 shares of common stock, $ 2 5 par, for $ 1 9 , 2 5 0 . Subsequently, 1

An investor purchased 500 shares of common stock, $25 par, for $19,250. Subsequently, 100 shares were sold for $35 per share. What is the amount of gain or loss on the sale?
a. $350 gain
b. $3,500 gain
c. $500 gain
d. $350 loss
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