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View Policies Current Attempt in Progress During 2021 Pharoah Company purchased 9200 shares of Sheridan Inc. for $22 per share. During the year Pharoah

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View Policies Current Attempt in Progress During 2021 Pharoah Company purchased 9200 shares of Sheridan Inc. for $22 per share. During the year Pharoah Company sold 2100 shares of Sheridan, Inc. for $27 per share. At December 31, 2021 the market price of Sheridan, Inc's stock was $20 per share. What is the total amount of gain/(loss) that Pharoah Company will report in its income statement for the year ended December 31, 2021 related to its investment in Sheridan, Inc. stock? O $-3700 O $-7900 O $10500 $-18400 Save for Later Attempts: 0 of 1 used Submit Answer

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