Question 7 of 14 A Moving to another question will save this response. Question 7 3 points Save Answer On October 1, 2020, Bert Company purchased 10,000 shares of Emie, Inc. for $30 per sharo (18% ownership). At December 31, 2020, the market value of the Emle shares was $32. On March 15, 2021, Bert sold 2,500 shares of Emie for $35 per share. What would Bert record as a result of this sale? $80,000 Credit to Investment in Ernie $5,000 Loss on Sale of Investment $7,500 Gain on Sale of investment $12.500 Gain on Sale of investment