Pink Inc. sells half of its 70% interest in Brown Co. on January 1, 20X6. On that date, the fair value of Brown as a whole is $940,000 and the carrying amount of Pink's 70% share of Brown is $320,000. What, if any, is the gain on the sale of half of Pink's interest in Brown?

$0

$9,000

$169,000

$338,000