At the end of its first year, the trading securities portfolio consisted of the following common stocks.

Cost Fair Value

Pow Corporation $ 146,500$ 150,000

Bun Inc. 165,000 158,000

Ghost Corporation 180,000 176,400

$491,500$484,400

The unrealized loss to be recognized under the fair value method is

a.$7,150.

b.$7,100

c.$5,100.

d.$7,600.

9) At the end of its first year, the trading securities portfolio consisted of the following common stocks. Fair Value $150,000 158,000 176 400 $484,400 Cost $146,500 165,000 180,000 $491,500 Pow Corporation Bun Inc. Ghost Corporation The unrealized loss to be recognized under the fair value method is