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At December 31, 2020, the trading securities for Red, Inc. are as follows: Security Cost Fair Value $180,000 $186,000 Y 300,000 280,000 z 61,000 55,000

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At December 31, 2020, the trading securities for Red, Inc. are as follows: Security Cost Fair Value $180,000 $186,000 Y 300,000 280,000 z 61,000 55,000 Red should report the following amount related to the securities in its 2020 income statement: Select one: $26,000 unrealized loss. $20,000 unrealized gain. $20,000 unrealized loss. O $6,000 gain

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