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During 2020. Blossom Company purchased 67000 shares of Nash Corporation common stock for $1130000 as an equity investment. The fair value of these shares was

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During 2020. Blossom Company purchased 67000 shares of Nash Corporation common stock for $1130000 as an equity investment. The fair value of these shares was S1083000 at December 31, 2020. Blossom sold all of the Nash stock for $18 per share on December 3.2021, incurring $43000 in brokerage commissions Blossom Company should report a realid gain on the sale of stock in 2021 of $33000 $76000 so 5123000

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