Michael Company's Investment in Equity Securities with Insignificant Influence Had

Michael Company's investment in equity securities with insignificant influence had a fair value of $31,700 at the end of the prior year.Management decided to sell the investment.The investment was purchased for $27,800.If Michael Company sold this investment for $50,200,Michael will have a(n) :

A) Gain on Sale of Equity Securities for $22,400.
B) Gain on Sale of Equity Securities for $18,500.
C) Unrealized Loss on Equity Securities of $18,500.
D) Unrealized Gain on Equity Securities of $22,400.