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During 2018 Crane Company purchased 9900 shares of Midi, Inc. for $29 per share. During the year Crane Company sold 2450 shares of Midi, Inc.

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During 2018 Crane Company purchased 9900 shares of Midi, Inc. for $29 per share. During the year Crane Company sold 2450 shares of Midi, Inc. for $34 per share, At December 31, 2018 the market price of Midi, Inc's stock was $27 per share. What is the total amount of gain/(loss) that Crane Company will report in its income statement for the year ended December 31, 2018 related to its investment in Midi, Inc. stock? O $-19800 O $-7550 O $12250 O $-2650

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