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At the end of 2023, Apple Co. held trading securities that cost ( $ 17,500 ) and which had a year-end market value of (
At the end of 2023, Apple Co. held trading securities that cost \\( \\$ 17,500 \\) and which had a year-end market value of \\( \\$ 19,000 \\). All of these securities were sold during 2024 for \\( \\$ 21,000 \\). For the year ended on December 31, 2024 , Apple should report a gain on these trading securities of
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