A company has a portfolio of investments classified as "for trading".As of December 31, 2020, the amortized cost of the portfolio was $ 190,550.On that same date, the market value of the portfolio was $ 186,490.The company will recognize in its 2020 financial statements:

a.An unrealized loss of $ 4,060 on the Income Statement

b.An unrealized loss of $ 4,060 on the "Statement of comprehensive income"

c.A credit balance of Fair value adjustment in the Balance Sheet

d.Alternatives "a" and "c" are correct.

Refer to the previous question.Suppose that on December 31, 2020, the company sold the entire investment portfolio for the amount of its market value.The company will recognize on December 31:

a. An unrealized loss in the Income Statement

b.A realized loss on the Income Statement

c.A realized loss and reclassification of AOCI in the Income Statement.

d.None of the above.