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Calculate and record the gain or loss on the sale

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Question - Sold 280 shares of sohn corporation common stock for $28.00 per share. The shares were originally purchased on July 11, 2013 for $22.00 per share plus a commission of $62. Central brokerage retained a commission of $72 on the sale and forwarded check no. 4289 for the net sale proceeds to waren.

Calculate and record the gain or loss on the sale of the marketable securities.

Reference no: EM131997508

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