Question: An investor deposits 20 000 into a new brokerage account The
An investor deposits $20,000 into a new brokerage account. The investor buys 1,000 shares of Tipco stock for $19 per share. Two weeks later, the investor sells the Tipco stock for $20 per share. When the investor receives his brokerage account statement, he sees that there is a balance of $20,900 in his account:
What belongs in item 4 on this statement?
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