At the end of the year , Sheridan corporation should?

206045VA01 X WileyPLUS X + A edugen.wileyplus.com/edugen/Iti/main.uni Started Imported From Fire. Return to Blackboard US Weygandt, Accounting Principles, 13e Help | System Announcements tart Time: 12:59 PM / Remaining: 66 min. RCES Question 6 Sheridan Corporation's trading portfolio at the end of the year is as follows: Security Cost Fair Value Common Stock C $9500 $12500 Common Stock D 8800 5000 $18300 $17500 At the end of the year, Sheridan Corporation should Study recognize an Unrealized Gain or Loss-Income for $3800. report a loss on the income statement for $3800 under "Other expenses and losses." set up a Fair Value Adjustment account for Stock D. set up a Fair Value Adjustment account for the portfolio. Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT here to search O Hi g G