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What unrealized gain will Sampson Corporation report

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Question - On October 25, 2017, Sampson Corporation purchased seventy shares of Lesco Company for $30 per share. Sampson was planning to hold the investment for a short time and then sell these shares. At the end of 2017, Lesco's stock is selling for $32 per share on a stock exchange. What unrealized gain will Sampson Corporation report for 2017, and where should that balance be reported?

Reference no: EM132744864

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