Cullumber Corporation has the following investment which was held throughout 2021-2022: Cost $908000 Fair Value 12/31/21 12/31/22 $1209000 $1150000 Equity investment What amount of gain or loss would Cullumber Corporation report in its income statement for the year ended December 31, 2022 related to its investment, if the fair value method of accounting was used? $242000 gain. $59000 gain. $301000 gain. $59000 loss