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Dec. 6, 2022 - Purchased 1,000 shares of Georgian Reports Inc. at a price of $41.00 per share, intending to sell the investment within three

  • Dec. 6, 2022 - Purchased 1,000 shares of Georgian Reports Inc. at a price of $41.00 per share, intending to sell the investment within three months. Brokerage commission fees were $350.
  • Dec 23, 2022: Received a cash dividend of $1.10 per share on the Georgian Reports Inc. shares.
  • Dec 31: Adjusted the investment to its fair value of $45.00 per share.
  • Jan 27, 2023: Sold the Georgian Reports Inc. share
  1. Journalize Consumer Evaluation Ltd.s investment transactions. Explanations are not required.
  2. What is the gain or loss on the sale of the investments on Jan 27, 2023. Show a gain as positive and loss as negative.

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