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During 2021, Oriole Company purchased 26000 shares of Blue Spruce Corp. common stock for $559000 as a passive interest. investment. The fair value of these

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During 2021, Oriole Company purchased 26000 shares of Blue Spruce Corp. common stock for $559000 as a passive interest. investment. The fair value of these bvares was $751400 at December 31,2021 . During 2022, Oriole sold all of the Blue Spruce stock for $587600. Oriole Company should report a realized gain on the sale of stock in 2022 of $96200. $28600 $67600 $65000

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