On January 1, 2016, Benson Corporation Paid $780,000 to Purchase

On January 1, 2016, Benson Corporation paid $780,000 to purchase 30% of the outstanding stock of Westin Company. Westin Company reported net income of $180,000 for the year ending December 31, 2016 and declared and paid cash dividends of $40,000 during 2016. On January 1, 2017, Benson Corporation sells its entire investment in Westin Company for $1,200,000. Benson Corporation will report a(n) :

A) realized gain on the sale of $420,000.
B) unrealized gain on the sale of $420,000.
C) realized gain on the sale of $378,000.
D) unrealized gain on the sale of $378,000.