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Sunland Corporation sells 211 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $23

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Sunland Corporation sells 211 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $23 a share. Sunland sold the shares for $41 a share. The entry to record the sale is O Cash 4853 Loss on Sale of Stock Investments 3798 Stock Investments 8651 8651 3798 Cash Gain on Sale of Stock Investments Stock Investments 8651 O Stock Investments Cash 8651 8651 O Cash Stock Investments 8651

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