Kimm, Inc Acquired 30% of Carne Corp

Kimm, Inc. acquired 30% of Carne Corp.'s voting stock on January 1, 2008 for $400,000. During 2008, Carne earned $160,000 and paid dividends of $100,000. Kimm's 30% interest in Carne gives Kimm the ability to exercise significant influence over Carne's operating and financial policies. During 2009, Carne earned $200,000 and paid dividends of $60,000 on April 1 and $60,000 on October 1. On July 1, 2009, Kimm sold half of its stock in Carne for $264,000 cash.
-What should be the gain on sale of this investment in Kimm's 2009 income statement?

A) $64,000
B) $55,000
C) $49,000
D) $40,000