Decker Corporation purchased 1,000 ordinary shares of Kent at $ \$ 75 $ per share plus $ \$ 3,000 $ brokerage fees as a short-term investment. The shares were subsequently sold at $ \$ 80 $ per share less $ \$ 3,400 $ brokerage fees. The cost of the securities purchased and gain or loss on the sale were

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The Answer of Decker Corporation purchased 1,000 ordinary shares of Kent at $ \$ 75 $ per share plus $ \$ 3,000 $ brokerage fees as a short-term investment. The shares were subsequently sold at $ \$ 80 $ per share less $ \$ 3,400 $ brokerage fees. The cost of the securities purchased and gain or loss on the sale were

Decker Corporation Purchased 1,000 Ordinary Shares of Kent At $75 \$ 75 $75

Decker Corporation Purchased 1,000 Ordinary Shares of Kent At $\$ 75$