During 2021 Sandhill Company purchased 10800 shares of Blue Inc. for $38 per share. During the year Sandhill Company sold 2900 shares of Blue, Inc. for $43 per share. At December 31, 2021 the market price of Blue, Inc.s stock was $36 per share. What is the total amount of gain/(loss) that Sandhill Company will report in its income statement for the year ended December 31, 2021 related to its investment in Blue, Inc. stock?

A

$14500

B

$-1300

C

$-7100

D

$-21600