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Buying and Selling FVTPL Financial Assets Iron Company incurred the following transactions relating to the common stock of Bronze Company: July 14, 2021 Purchased 24,000

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Buying and Selling FVTPL Financial Assets Iron Company incurred the following transactions relating to the common stock of Bronze Company: July 14, 2021 Purchased 24,000 shares at $41 per share. Sept. 4, 2022 Sold 4,300 shares at $46 per share. Aug. 24, 2023 Sold 3,000 shares at $40 per share. The end-of-year market prices for the shares were as follows: Dec. 31,2021$38 per share Dec. 31,2022$49 per share Dec. 31,2023$36 per share Iron classifies the Bronze stock as FVTPL financial assets. Required: 1. Determine the amount of gain or loss arising from financial assets valuation each year relating to the Bronze stock

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