On January 1, 2020, Abalone Ltd. acquired 30% of Flounder Corp.'s common shares for $240,000. During 2020, Flounder reported net income of $100,000 and paid total dividends of $60,000. Abalone's 30% interest in Flounder gives Abalone the ability to exercise significant influence over their operating and financial policies. During 2021, Flounder reported net income of $150,000 and paid total dividends of $30,000 on April 1 and $40,000 on October 1. The income was earned evently over the year. Hint: Pro-rate income to the date of the sale. On July 1, 2021, Abalone sold half of its shares in Flounder for $158,000 cash. The gain on disposal of this investment in Abalone's 2021, income statement should be