At the end of year 8 , Shore Company helustrading debt securities that cost

$17,500

and which had a year-end fair value of

$19,000

. All of these securities were sold during year 9 for

$22,000

. For the year ended on December 31 , year 8 , Shore should eBook report a gain of

At the end of year 8, Shore Company helustrading debt securities that cost $17,500 and which had a year-end fair value of $19,000. All of these securities were sold during year 9 for $22,000. For the year ended on December 31 , year 8 , Shore should report a gain of