17. In January 2015, Carnivorous Corp. purchased 600 shares of...

17. In January 2015, Carnivorous Corp. purchased 600 shares of Herbivore Inc. for $ 50 per sare, intending to hold the shares for two years. In April 2016, the FMV of the portfolio was $ 35,000. In August 2016, the portfolio was valued at $ 36,500. In March 2017, Carnivorous decided to sell 300 of the Herbivore shares for $ 65 per share. What will be the realized gain that Carnivorous will record as a result of the sale? 

A. $950 

B. $ 1,500

 C. $ 4,500

 D. $ 5,000