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