At the end of McDougal Corporation's fiscal year, its portfolio of FVTPL investments is as follows:...

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At the end of McDougal Corporation's fiscal year, its portfolio of FVTPL investments is as follows: Security Cost Market Value A Common $ $ 12,000 shares 10,000 B Common 8,000 shares 5,000 $ 17,000 $ 18,000 McDougal subsequently sells B common shares for $10,000. What entry is made to record the sale? Select one: A. Cash 8,000 Investments at FVTPL 8.000 B. Cash 10,000 Investments at FVTPL 8,000 Investment Income/Loss 2,000 C. Cash 10,000 Investments at FVTPL 5,000 Investment Income or Loss 5,000 D. Cash O 10,000 Investments at FVTPL 10,000 21 26 31 36 41 At the end of McDougal Corporation's fiscal year, its portfolio of FVTPL investments is as follows: Security Cost Market Value A Common $ $ 12,000 shares 10,000 B Common 8,000 shares 5,000 $ 17,000 $ 18,000 McDougal subsequently sells B common shares for $10,000. What entry is made to record the sale? Select one: A. Cash 8,000 Investments at FVTPL 8.000 B. Cash 10,000 Investments at FVTPL 8,000 Investment Income/Loss 2,000 C. Cash 10,000 Investments at FVTPL 5,000 Investment Income or Loss 5,000 D. Cash O 10,000 Investments at FVTPL 10,000 21 26 31 36 41