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On November 16,2027,XYZ Company purchased 17,000 shares (representing 12%) of Company C stock for $13 per share. On August 23, 2028, XYZ Company sold 2,400

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On November 16,2027,XYZ Company purchased 17,000 shares (representing 12\%) of Company C stock for $13 per share. On August 23, 2028, XYZ Company sold 2,400 shares of the Company C stock for $19 per share. The market value of the Company C stock at Decenber 31,2028 was $29 per share. XYZ Company sold 3,500 shares of the Company C stock on March 20, 2029 for' $33 per share, At December 31, 2029 , the market value of the Company C stock was $11 per share. Calculate the amount of the unrealized loss reported on XYZ Company's 2029 income statement. Do not enter your answer with a minus sign in front of your number

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