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Your Answer Correct Answer In 2 0 2 4 , Carla Vista Company purchased 8 7 0 0 0 shares of Kingbird Corporation common stock
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In Carla Vista Company purchased shares of Kingbird Corporation common stock for $ as an equity investmer The fair value of these shares was $ at December Carla Vista sold all of the Kingbird stock for $ per share on December incurring $ in brokerage commissions. Carla Vista Company should report a realized gain on the sale of stock in of
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