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Tride Ltd, purchased 946 shares of Next Ltd. on July 1, 20x5 at $17.77 per share. On December 31, 20x6, the market value had increased

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Tride Ltd, purchased 946 shares of Next Ltd. on July 1, 20x5 at $17.77 per share. On December 31, 20x6, the market value had increased to $12.52. On February 28, 20x7, the shares of Next Ltd. were sold, and Tride Ltd. reported a Gain on FVTPL Investments of $8416. Assuming that the investment in the shares of Next Ltd. is classified as FVTPL. how much were the Next Ltd, shares sold for on February 28, 20x7? Select one: O a $25226 Ob. $8394 Oc. $3428 Od. $20260

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