Business, 30.07.2019 20:30 rasbuurry

During 2017, crane company purchased 91000 shares of holmes corporation common stock for $137 as an equity investment. the fair value of these shares was $1299000 at december 31, 2017. crane sold all of the holmes stock for $16 per share on december 3, 2018, incurring $67000 in brokerage commissions. crane company should report a realized gain on the sale of stock in 2018 of

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During 2017, crane company purchased 91000 shares of holmes corporation common stock for $137 as an...