On January 1, 2026 M.T. Glass purchased the following investments:

1. 7,000 shares (representing 12%) of ZZ Company stock for $98,000

2. 20,000 shares (representing 40%) of AA Company stock for $440,000

M.T. Glass recorded the sale of some of its investments in 2027 as follows:

1. September 1 sold 5,000 shares of the ZZ Company stock for $76,000

2. December 31 sold 4,000 shares of the AA Company stock for $150,000

AA Company and ZZ Company reported the following information for the years 2026 and 2027:

AA Company ZZ Company

Net income in 2026 $200,000 $260,000

Total dividends paid in 2026 $24,000 $15,000

Market value at Dec 31, 2026 $27 per share $22 per share

Net income in 2027 $160,000 $225,000

Total dividends paid in 2027 $41,000 $5,000

Market value at Dec 31, 2027 $31 per share $29 per share

Calculate the amount of the unrealized gain reported in M.T. Glass' 2027 income statement.