Avalanche Inc. owns corporate bonds that it accounts for using FV - OCI with recycling. The carrying value of the bonds at December 31, 2021 year end was $ 700,000, and there was a debit balance in the accumulated other comprehensive income account in the amount of $ 105,000 related to these bonds. On June 30, 2022, Avalanche Inc. sold 50 % of the bonds at $ 385,000. At December 31, 2022 year end, the fair value of the remaining bonds is $ 420,000. What is the gain/ (loss) on disposal that should be included in Avalanche Inc.'s net income in 2022?

a. $ 0

b. $ (17,500)

c. $ (35,000)

d. $ (52,500)

e. $ 35,000