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In 2024 , Sheridan Company purchased 73000 shares of Windsor Corporation common stock for $1190000 as an equity investment. The fair value of these shares

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In 2024 , Sheridan Company purchased 73000 shares of Windsor Corporation common stock for $1190000 as an equity investment. The fair value of these shares was $1137000 at December 31,2024 . Sheridan sold all of the Windsor stock for $18 per share on December 3, 2025, incurring $49000 in brokerage commissions. Sheridan Company should report a realized gain on the sale of stock in 2025 of $75000.$128000.$124000.$177000

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