(Answered) Question - at the beginning of year 1 jimbo company

Accounting

Question - At the beginning of Year 1, Jimbo Company purchased a portfolio of trading securities for $33. At the end of Year 1, the portfolio had a value of $40. At the end of Year 2, the portfolio had a value of $25. During Year 3, the entire portfolio is sold for $20. What is the amount of unrealizedgain or loss for Year 3?

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