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Beavercreek Corporation has the following equity investments held throughout 2021-2022: Fair Value Cost 12/31/21 12/31/22 $600,000$760,000$800,000 What amount of unrealized gain or loss would Beavercreek
Beavercreek Corporation has the following equity investments held throughout 2021-2022:
Fair Value
Cost12/31/2112/31/22
$600,000$760,000$800,000
What amount of unrealized gain or loss would Beavercreek Corporation report in 2022 Net Income?
Select one:
a.$40,000 gain
b.$40,000 loss
c.$200,000 gain
d.$200,000 loss
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