On September 1, Leather Suppliers, Incorporated, purchases 200 shares of Western Wear Clothing for $12.80 per share. On November 1, Leather Supplies sells the Investment for $16.60 per share.

How will the purchase and sale of the investment in Western Wear Clothing affect the financial statement of Leather Suppliers?

On Segtember N Ledthe Suppliers, licorporated, purchaves 200 shates ol Wistem Witar Clothing for \$12. 80 per thare. Oa November 1. Leather Suppliars solls the investment ior $1560 per share How wil the purchase and sale of the investrnent in Wostsm Wos Clothing affect the financiat sthemets of teather Supphies?? Complete this question by entering your answers in the tabs below. Note Ameunts to be deducted thobld be indicesed ty a thinus wye