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[answered] 10.Yum-Yum also completed the following securities transact


10.Yum-Yum also completed the following securities transactions in 20X5: Feb. 1: Yum-Yum sold 500 common shares of Orlando Ltd. at $25 per share. The shares were acquired for $20 each in 20X4 for trading purposes. Market value was $22 per share on December 31, 20X4. Yum-Yum has recorded $2,500 as investment income in 20X5. Oct. 15: Yum-Yum received a dividend of $3,000 from B&B, and recorded it as investment income.
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