The object will sink, because it is more dense than water.
Let's see this in detail. There are two forces acting on the object:
- its weight, which points downward, given by

where
is the object's density,
is its volume, and g is the gravitational acceleration.
- The buoyancy force, which points upward, given by

where
is the water density,
is the volume of water displaced by the object.
We see that it is always
, so the object will sink. In fact:
. We are told the object's density is 1.05 g/mL, while the water density is 1.00 g/mL.
: the two volumes are equal when the object is completely submersed, and the volume of water displaced cannot be greater than the volume of the object.
So, W > B, and the object will sink.