During 2014, Woods Company Purchased 60,000 Shares of Holmes Corporation

During 2014, Woods Company purchased 60,000 shares of Holmes Corporation common stock for $945,000 as an available-for-sale investment. The fair value of these shares was $900,000 at December 31, 2014. Woods sold all of the Holmes stock for $17 per share on December 3, 2015, incurring $42,000 in brokerage commissions. Woods Company should report a realized gain on the sale of stock in 2015 of

A) $33,000.
B) $75,000.
C) $78,000.
D) $120,000.