OLeary Enterprises began investing in short-term equity securities in 2017. The following information was extracted from its
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Compute the effect on reported 2017 income from all investment transactions and price changes.
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12/31/17 Market Total Dividends Security Purchases Sales Value* Received Houser Company 90 shares @ $22 60 shares @ $25 90 shares @ $30 5 shares $40 $25 Miller Inc. 180 shares @ $40 85 35 Letter Books Nordic Equipment 30 75 shares @ $48 @ $55 46 170 shares @ $70 145 shares @ $95 50 90
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