Question: Please help me solve this general accounting question using the right accounting principles. Harper [echnologies had operating earnings of $350,000 for the year just ended.

Please help me solve this general accounting question using the right accounting principles.

Harper [echnologies had operating earnings of $350,000 for the year just ended. During the year, the firm sold land that it had held for investment purposes for $220,000, which was $40,000 above its original purchase price of $180,000, paid 9 months earlier. What is the amount of capital gains realized during the year

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