ment CALCULATOR PRINTER VERSION BACK Question 3 Blossom Corporation has the following investment which was held throughout 2018-2019: Fair Value Cost 12/31/18 12/31/19 Equity Investment $980000 $1290000 $1240000 What amount of gain or loss would Blossom Corporation report in its income statement for the year ended December 31, 2019 related to its investment of the fair value method of accounting was used? $50000 loss. $260000 gain. $50000 gain. $310000 gain. Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER hared assignment/test/aglistunidasnmt2604299911003F 10-FL1990035008006 BOSS MacBook Pro G Search or type URL