Question
Calculate the realized loss? On September 18, 2019, Rose Company purchased 6,000 shares (9%) of Wozniak, Inc. stock for $28 per share. The market value
Calculate the realized loss? On September 18, 2019, Rose Company purchased 6,000 shares (9%) of Wozniak, Inc. stock for $28 per share. The market value per share of Wozniak's stock at December 31, 2019 was $24. On May 12, 2020, Rose Company sold 1,400 shares of its Wozniak stock for $19 per share. The market value of Wozniak's stock at December 31, 2020 was $33 per share. On April 17, 2021, Rose Company received a dividend of $4 per share on the Wozniak stock. Rose Company sold 2,700 shares of its Wozniak stock on July 19, 2021 for $22 per share. At December 31, 2021, the market value of the Wozniak stock was $27 per share. Calculate the realized loss reported on Rose Company's 2021 income statement. Do not use a minus sign, decimals or type the word loss in your answer. If a realized loss would not be recorded on this investment in 2021, enter a 0 as your answer.
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