What is the amount of investment net income

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Question - On July 31, 2021, XYZ Inc. purchased 200 shares of Holland Inc. for trading purposes, paid $40 per share plus 2% commission. On December 31, 2021, company sold 80 shares for $48 per share (i.e. FMV), and paid a 2% commission on the sale. On December 15, 2021, Holland Inc. declared and paid a dividend of $3 per share. What is the amount of investment net income for the fiscal year ended December 31, 2021?

Reference no: EM133129540

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