Dim Corporation purchased 1,000 shares of Witt Corporation stock in 2013 for $800 per share and classified the investment as securities available for sale. Witt's market value was $400 per share on December 31, 2014, and $300 on December 31, 2015. During 2016, Dim sold all of its Witt stock at $350 per share. In its 2016 income statement, Dim would report:

a. A loss on the sale of investments of $450,000.

b. A realized gain of $50,000.

c. A trading gain of $50,000 and an unrealized loss of $500,000.

d. A recognition of unrealized losses of $400,000.

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).