on January $2$ year $1$ adam co purchased $10000$ shares of mills corp common stock for $$40$ a share. on december $31$ year $1$ the market price of mills stock was $$35$ a share on december $28$ year $2$ adam sold $8000$ shares of mill stock for $$30$ a share for the year ended december $31$ year $2$ adam should report a loss on sale of investment of

$100000$

$90000$

$40000$

$80000$