Question 3 Wildhorse, Inc. acquired 40% of Blossom Corporation's voting stock on January 1, 2021 for $1110000. During 2021, Blossom earned $388000 and paid dividends of $242000. Wildhorse's 40% interest in Blossom gives Wildhorse the ability to exercise significant influence over Blossom's operating and financial policies. During 2022, Blossom earned $518000 and paid cash dividends of $162000 on April 1 and $162000 on October 1. On July 1, 2022, Wildhorse sold half of its stock in Blossom for $636000 cash. What should the gain be on sale of this investment in Wildhorse's 2022 income statement? $51800. $32400. $81000. O $200.