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Dumas Corporation purchased an available-for-sale investment in 1, 600 shares of Southwest Supplies stock for $20 per share. On the next balance-sheet date, Southwest Supplies

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Dumas Corporation purchased an available-for-sale investment in 1, 600 shares of Southwest Supplies stock for $20 per share. On the next balance-sheet date, Southwest Supplies stock is quoted at $23 per share. Dumas' balance sheet should report A. investments of $36, 800. B. unrealized loss of $4, 800 C. investments of $32,000. D. unrealized gain of $32,000

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