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In 2 0 2 4 , Sunderland Company purchased 7 4 0 0 0 shares of Cheyenne Corporation common stock for $ 1 2 0

In 2024, Sunderland Company purchased 74000 shares of Cheyenne Corporation common stock for $1200000 as an equity investment. The Fair value of the shares was $1146000 at December 31,2024. Sunderland sold all the Cheyenne stock for $18 per share on December 3,2025, incurring $50000 in brokerage commissions. Sunderland Company should report a realized gain on the sale of the stock in 2025 of?

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