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On September 18, 2024, Rose Company purchased 8,000 shares (9%) of Wozniak, Inc. stock for $39 per share. The market value per share of
On September 18, 2024, Rose Company purchased 8,000 shares (9%) of Wozniak, Inc. stock for $39 per share. The market value per share of Wozniak's stock at December 31, 2024 was $44. On May 12, 2025, Rose Company sold 2,300 shares of its Wozniak stock for $36 per share. The market value of Wozniak's stock at December 31, 2025 was $31 per share. Rose Company sold 3,700 shares of its Wozniak stock on July 19, 2026 for $42 per share. At December 31, 2026, the market value of the Wozniak stock was $46 per share. Calculate the amount of the unrealized gain reported on Rose Company's 2026 income statement. If an unrealized gain would not be recorded in 2026 on this investment, enter a 0 as your answer. Do not enter your answer with a minus sign in front of your number.
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