6. Company B signed a contract to be executed in 2022 at a price of $100,000. The market price of the inventory decreased to $90,000 at the end of 2020. How much gain or loss should the company record on its books?

Group of answer choices

No entry needed

$10,000 unrealized holding gain, which affects the balance sheet

$10,000 unrealized holding loss, which affects the income statement

$10,000 unrealized holding loss, which affects other comprehensive income