Iron Company incurred the following transactions relating to the common stock of Bronze Company: July 14, 2018 Purchased 12,000 shares at $41 per share. Sept. 4, 2019 Sold 2,100 shares at $46 per share. Aug. 24, 2020 Sold 1,500 shares at $40 per share. The end-of-year market prices for the shares were as follows: Dec. 31, 2018 $38 per share Dec. 31, 2019 $49 per share Dec. 31, 2020 $36 per share Iron classifies the Bronze stock as FVTPL financial assets. Required: 1. Determine the amount of gain or loss arising from financial assets valuation each year relating to the Bronze stock. Amount Gain / Loss 2018 $ 2019 $ 2020 $ 2. The amount of gain or loss arising from financial assets valuation each year relating to the Bronze stock would be recorded in