Central Investments bought 4,000 shares of Benet Company common stock on January 1, 2012, for $20,000, and 4,000 shares of Roy Company common on July 1, 2012, for $24,000. Benet declared dividends on December 31, 2012 of $3,000. At the end of 2012, the market value of Roy was $30,000 and the market value of Benet was $28,000. At the end of 2013, the market value of Roy was $32,000 and the market value of Benet was $24,000. The stocks were considered to be held for their long-term investment potential. Central owns 8% of Benet Company and 12% of Roy Company. 64. Assume that the Roy Company stock was sold during 2014 for $31,000. The proper accounting recognition at the date of sale was A. an unrealized loss $1,000. B. a realized gain of $7,000. C. a realized gain of $6,000. D. a realized loss of $1,000. 65. The 2013 year-end adjustment resulted in A. a $12,000 reduction of stockholders' equity. B. a $2,000 reduction of stockholders equity. C. a $2,000 increase in stockholders equity. D. a realized gain of $2,000