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Feiner Co. had purchased 200 shares of Guttman Co. for $51 each this year and classified the investment as a trading sercurity. Feiner Co. sold

Feiner Co. had purchased 200 shares of Guttman Co. for $51 each this year and classified the investment as a trading sercurity. Feiner Co. sold 100 shares of the stock for $59 each. At year end the price per share of the Guttman Co. had dropped to $32. Prepare the journal entries for these transactions

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