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E20-73 HM21 #1:Siri Corp. holds 1,000 shares of Mobile Co. common stock, purchased at the beginning of the year for $30 a share (carrying value on February 1, 2020). On February 1, 2020, Siri Corp. declared a property dividend of 500 shares of Mobile Co. common stock when the shares were selling at $28 per share.The amount of gain or loss that Siri Corp. should recognize on the declaration date is:

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