Answer

Stark company started investing in equity shares for active trading in 2020, illustrated in the table are the related information to all related investments, Additionally, the following information must be taken into consideration: 1. Tally shares were purchased during 2022 2. Tormund shares were sold in 2021 for 25$ less 200$ sales commission. 3. All remaining investments were purchased during 2020 and are still owned by Stark at the end of 2024 Investee (number Fair value Fair value Fair value Fair value Fair value of shares and cost) 31.12.2020 31.12.2021 31.12.2022 31.12.202331.12.2024 11$ 15$ 9$ Tally shares 20,000 shares@7$ per share) 15$ 175 17$ 19$ 13$ Baratheon shares |(2,570 shares@22$ per share) 10$ 95 55 15$ Lannister shares (6,680 shares@145 per share) 125 10$ Fray shares (7.000 shares @ 13$ per share) 275 Tormund shares 400 shares0335 per share)