At December $31,2025,$ Kraft Heinz has an outstanding non$-$cancellable purchase commitment for the purchase of $1$ million cases of distilled white vinegar for $$7\mathrm{.}19$ per case. Delivery is scheduled for the first quarter of $2026.$ If the December $31,2025$ market price for distilled white vinegar is $$7\mathrm{.}25,$ what would be reported or disclosed in the financial statements for $2025?$

$$ Kraft Heinz would report an unrealized gain of $$60,000$ and disclose the existence of the purchase commitment.

Kraft Heinz would report an unrealized loss of $$60,000$ and disclose the existence of the purchase commitment.

The reported cost of goods sold would be increased by $$60,000.$

Kraft Heinz would disclose the contract details in the financial statement notes.