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The following was reported by Church Financial in its December 31, 2021, financial statements: Investments at FVTPL, December 31, 2020 Investments at FVTPL, December 31,

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The following was reported by Church Financial in its December 31, 2021, financial statements: Investments at FVTPL, December 31, 2020 Investments at FVTPL, December 31, 2021 Investment Income or (Loss) $10,300 14.100 (400) 1. Additional information: The investments at FVTPL are investments in equity securities held for trading purposes 2. Investment income or loss consists of: holding gain on the FVTPL investments of $2,400, and loss on sale of the FVTPL investments of $2,800 3. The carrying amount of the FVTPL investment sold was $3,800. (a) What is the cash amount received on the sale of the investment? Amount received on the sale of the investment $

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