On January 1, 2024, Brian Company purchased at par $800,000, 6 percent bonds issued by Laura Company to be actively traded. At December 31, 2024, the bonds had a fair value of $772,500. The bond investment was sold on July 1, 2025, for $809,500. Brian Companys fiscal year ends on December 31.

A) Reclassify any gain or loss on the sale of the investments on July 01, 2025.

B) Record the cash received from sale of investments on July 01, 2025.