Dayton Corporation purchased 1,000 shares of Kart common stock at $77 per share plus $2,000 brokerage fees as a short-term investment. The shares were subsequently sold at $80 per share less $3,400 brokerage fees. The cost of the securities purchased and gain or loss on the sale were A)COST: 77000/ GAIN: 3000 B) COST: 79000/ LOSS: 2400 C) COST: 79000/ GAIN: 2000 D) COST: 77000/ LOSS: 1400