At 12/31/2019, Frisco Corp. had the following debt securities that were purchased during 2019, its first year of operation:

CostFair Value

Trading Securities:

Security A$100,000$80,000

Available-for-Sale Securities:

Security Y$70,000$75,000

During 2020, Frisco sold Security A for $70,000 and Security Y for $80,000.What will be the total netRealizedGain or Loss included in 2020 Net Income?

Select one:

a.$15,000 loss

b.$20,000 loss

c.$25,000 loss

d.$30,000 loss

e.$5,000 loss