On March $14,$ Apple Corporation purchased $6,000$ shares of Pear Inc. for $$25$ per share. There is no readily determinable fair value of Pear. On June $30,$ Pear declared an annual dividend of $$0\mathrm{.}40$ per share. On August $14,$ Apple sold $4,000$ shares of Pear for $$29$ per share less a brokerage fee of $$225.$ The journal entry at the date of sale would include

a credit to gain on the sale of investments for $$15,775.$

a credit to gain on the sale of investments for $$18,400.$

a credit to gain on the sale of investments for $$24,000.$

a credit to gain on the sale of investments for $$16,000.$