XYZ Financial buys and sells securities expecting to earn a profit

XYZ Financial buys and sells securities expecting to earn a profit. On 12/27/11, s&l purchased common shares for $875.00 and sold the shares on 1/3/12 for $880,000. At 12/31/11, the shares had a fair value of $873,000 and XYZ has the intent and ability to hold the investment until fair value recovers. What pretax amounts were included in earnings as a result of these transactions?1) $2,000 loss in 2011 and $7,000 gain in 20122) nothing recorded in 2011 and 5,000 gain in 20123) nothing recorded in 2011 and $7,000 gain in 20124) $2,000 loss in 2011 and $5,000 gain in 20125) nothing recorded in 2011 and 2,000 gain in 2012A company issued 5%, 20 year bonds with a face amount of 80$ million. The market yielf for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell?1) $70.896.2212) $70.558,2203) 70.012,7004) 70,754.3405) 70,423,212