At the end of its first year, the trading securities portfolio consisted of the following common stocks. Cost Market Able Corporation $ 46,400 $ 50,000 Baker Inc. 60,000 53,800 Cole Corporation 80,000 76,000 $186,400 $179,800 107. The unrealized loss to be recognized under the fair value method is a. $6,200. b. $10,200. c. $6,600. d. $4,000 108. In the following year, the Baker common stock is sold for cash proceeds of $58,000. The gain or loss to be recognized on the sale is a a. gain of $4,200. b. loss of $2,000. c. gain of $2,200. d. loss of $400. loont of the trading cocurities nortfolin is