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An investor purchased 690 shares of common stock, $24 par, for $24,840. Subsequently, 93 shares were sold for $31 per share. What is the amount

An investor purchased 690 shares of common stock, $24 par, for $24,840. Subsequently, 93 shares were sold for $31 per share. What is the amount of gain or loss on the sale?

a.$465 loss

b.$1,116 gain

c.$1,116 loss

d.$465 gain

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