During 2020, Woods Company purchased 80,000 shares of Holmes Corporation common stock for $1,260,000 as an equity investment. The fair value of these shares was $1,200,000 at December 31 , 2020. Woods sold all of the Holmes stock for $17 per share on December 3,2021 , incurring $56,000 in brokerage commissions. Woods Company should report a realized gain on the sale of stock in 2021 of $44,000 $100,000 $104,000 $160,000