Question A9

A company invested in 20,000 shares of a listed company in November 2020 at a cost of $5.10 per share. Transaction costs relating to the investment were $2,100. At 31 December 2020 the shares have a market value of $5.40. The shares are classified as FV through profit or loss.

At 31 December 2020, the statement of profit or loss account in terms of the above investment will reflect a value of $ (__)