Question: On May 1 7 , 2 0 2 7 , Murphy Company purchased 1 5 , 0 0 0 shares ( representing 1 4 %

On May 17,2027, Murphy Company purchased 15,000 shares (representing 14%) of ZZ, Inc. stock for $33 per share.
Murphy Company sold some of its shares in ZZ, Inc. as follows:
Aug. 24,2028: 3,900 shares sold for $29 per share
June 19,2029: 4,600 shares sold for ??? per share
The market value of the ZZ, Inc. shares was:
Dec. 31,2027: $22 per share
Dec. 31,2028: ??? per share
Dec. 31,2029: ??? per share
Murphy Company's 2028 and 2029 income statements reported the following gains and losses:
\table[[,2028,2029],[Realized gain/loss,$27,300 gain,$69,000 loss],[Unrealized gain/loss,$266,400 gain,$58,500 loss]]
Calculate the balance in the investment in ZZ, Inc. account reported in Murphy Company's Dec. 31,2029 balance sheet.
On May 1 7 , 2 0 2 7 , Murphy Company purchased 1

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