WILSON HAS THE FOLLOWING DATA REGARDING AN INVESTMENT:

SHARES PURCHASED AT $1/01/18630,000$

OWNERSHIP PERCENTAGE IN INVESTEE $18\%$

PURCHASE PRICE $$413,050$

$2018$ INVESTEE NET INCOME $397,500$

$2018$ DIVIDEND$/$SHARE $(1$ TIME DIVIDEND$)0\mathrm{.}72$

FMV$/$SHARE AT $12/31/20181\mathrm{.}32$

SALES PRICE$/$SHARE AT $01/15/20191\mathrm{.}57$

REQUIRED: WHAT IS THE UNREALIZED GAIN OR LOSS RECORDED ON $12/31/2018$ ASSUMING INVESTMENT IS ACCOUNTED FOR AS A TRADING SECURITY? $($PLEASE INSERT GAIN AS A POSITIVE NUMBER OR LOSS AS A NEGATIVE NUMBER$)$

REQUIRED: WHAT IS THE GAIN OR LOSS ON SALE RECORDED ON $01/15/2019$ ASSUMING INVESTMENT IS ACCOUNTED FOR AS A TRADING SECURITY? $($PLEASE INSERT GAIN AS A POSITIVE NUMBER OR LOSS AS A NEGATIVE NUMBER$)$