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During 2021 Sunland Company purchased 10600 shares of Oriole Inc. for $36 per share. During the year Sunland Company sold 2800 shares of Oriole, Inc.

During 2021 Sunland Company purchased 10600 shares of Oriole Inc. for $36 per share. During the year Sunland Company sold 2800 shares of Oriole, Inc. for $41 per share. At December 31, 2021 the market price of Oriole, Inc.s stock was $34 per share. What is the total amount of gain/(loss) that Sunland Company will report in its income statement for the year ended December 31, 2021 related to its investment in Oriole, Inc. stock?

a

$-7200

b

$-1600

c

$-21200

d

$14000

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