33) Nossiter Company purchases a call option contract to purchase 500 shares of NOLA Company stock on July 1, 2025. NOLA is trading at $50 per share at that date. The cost of the call option contract was $100 At December 31, 2025, NOLA stock is trading at $79 per share and market appraisal indicated that the time value of the option contract at the that date $70 Which of the following statements is true with regard to the option contract?

A) Nossiters 2025 net income will increase by a total of $14,500 as a result of holding the option.

B) Nossiter will report other comprehensive loss of $30 for 2025

C) The intrinsic value of the option contract is $14,430 at December 31, 2025

D) Nossiter will report the call option at its carrying value of $14,570 in its December 31, 2025 balance sheet