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The following was reported by Church Financial in its December 31, 2021, financial statements: Investments at FVTPL, December 31, 2020 $11,400 Investments at FVTPL, December

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

Investments at FVTPL, December 31, 2020 $11,400
Investments at FVTPL, December 31, 2021 15,600
Investment Income or (Loss) (500)

Additional information:

1. 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 $2,600, and loss on sale of the FVTPL investments of $3,100.
3. The carrying amount of the FVTPL investment sold was $4,200.

(a)

What is the cash amount received on the sale of the investment?

Amount received on the sale of the investment $enter a dollar Amount received on the sale of the investment

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