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During 2021 Oriole Company purchased 10300 shares of Sheffield Inc. for $33 per share. During the year Oriole Company shares of Sheffield, Inc. for
During 2021 Oriole Company purchased 10300 shares of Sheffield Inc. for $33 per share. During the year Oriole Company shares of Sheffield, Inc. for $38 per share. At December 31, 2021 the market price of Sheffield, Inc's stock was $31 per share. What is the total amount of gain/(loss) that Oriole Company will report in its income statement for the year ended December 31, 2021 related to its investment in Sheffield, Inc. stock? O $-7350 O $-20600 O $-2050 O $13250
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