Nasu Corporation purchased 1,000 shares of Messi common stock ($50 par) at $180 per share as a short-term investment. The shares were subsequently sold at $188 per share. The cost of the securities purchased and gain or loss on the sale were Cost Gain or Loss $150,000 $2,000 gain $180,000 $8,000 gain $188,000 $8,000 gain $180,000 $2,000 loss