Hawk Corporation purchased 10,000 Diamond Corporation bonds in 2018 for $52 per bond and classified the investment as trading securities. The value of the Diamond investment was $72 per bond on December 31, 2019, and $91 per bond on December 31, 2020. During 2021. Hawk sold all of its Diamond investment at $147 per bond. In its 2021 income statement, Hawk would report Multiple Choice Again of $950,000 Again of $560,000 Again of $1,340,000 In its 2021 income statement, Hawk would report: Multiple Choice A gain of $950,000 A gain of $560,000. A gain of $1,340,000. A gain of $390,000