Question: Please, help with the followinG problem: On January 1, 2021, Lear Company purchased 39% of Bunker Company's common stock for $340,000. During 2021, Bunker Company

Please, help with the followinG problem:

Please, help with the followinG problem: On January 1, 2021, Lear Company

On January 1, 2021, Lear Company purchased 39% of Bunker Company's common stock for $340,000. During 2021, Bunker Company reported a net income of $192,000 and paid dividends totaling $34,000. In 2022, Bunker Company reported a net income of $108,000 and paid dividends totaling $18,000. On December 31, 2022, Lear Company sold one-fourth of its investment in Bunker Company for $112,790 cash. Calculate the amount of the realized gain reported in Lear Company's 2022 income statement resulting from the sale of the Bunker Company stock. Do not enter your answer in carmen with a minus sign in front of your number

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