In $2024,$ Ivanhoe Company purchased $70000$ shares of Concord Corporation common stock for $$1160000$ as an equity investment. The fair value of these shares was $$1110000$ at December $31,2024.$ Ivanhoe sold all of the Concord stock for $$18$ per share on December $3,2025,$ incurring $$46000$ in brokerage commissions. Ivanhoe Company should report a realized gain on the sale of stock in $2025$ of

$$104000.$

$$150000.$

$$100000.$

$$54000.$