1. The following information pertains to Lark Corp's long-term marketable equity securities portfolio: December 31 2011 2010 Cost $200,000 $200,000 Fair value 240,000 180,000 Differences between cost and market values are considered to be temporary. The decline in market value was properly accounted for at December 31, 2010. At December 31, 2011, what is the net unrealized holding gain or loss to be reported as: Other Accumulated Other Comprehensive Income Comprehensive Income a $60,000 gain $40,000 gain b $40,000 gain $60,000 gain c $20,000 loss $20,000 loss c $0 $0