Moving to another question will save this response. on 3 SC Corp. has an investment in 11,000 shares of XYZ Company ordinary shares with a cost of $330,000. These shares are used in a property dividend to shareholders of ABC Corp. The perty dividend is declared on May 25 and scheduled to be distributed on July 31 to shareholders of record on June 15. The market value per XYZ share is $27 on May 25, $32 on June 15, $34 on July 31. The unrealized gain or loss for ABC Corp. would be: A $30,000 gain B$33,000 loss C$40,000 gain No gain or loss ving to another question will save this response. 1805 Qtion of ABC Corp. has an investment in 11,000 shares of XYZ Company ordinary shares with a cost of $300,000. These shares are used in a property dividend to shareholders of ABC Corp. The property dividend is declared on May 25 and scheduled to be distributed on July 31 to shareholders of record on June 15. The market value per XYZ share is $70 on May 25, $75 on June 15, and $80 on July 31. The net effect of this property dividend on retained earnings is a reduction of O A. $880,000. O B. $750,000 O C. $800,000. OD. $770,000