Question: On October 2 , 2 0 2 2 , Matrot Ltd . purchased 1 0 0 , 0 0 0 shares of Galim Ltd .

On October 2,2022, Matrot Ltd. purchased 100,000 shares of Galim Ltd. for $350,000.
On February 28,2023, Galim Ltd. distributed to its shareholders a cash dividend in the amount of $5 per share,
And on March 10,2023, Matrot Ltd. sold its entire investment in Galim Ltd. for $300,000.
Galim Ltd share price data in dollars in 2022
31.3.22-3 dollars
30.6.22-4 dollars
30.9.22-3.5 dollars
31.12.22-4.3 dollars
? What is the profit/(loss) from the investment in Galim shares, which will be reported by Matrot in 2023
A.500,000
B.630,000
C.(130,000)
d.370,000
e. Answers A to D are incorrect

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