During 2013, Bat, Inc. purchased 15 % of Glove Corp, stock for $50,000, and classified the investment as Available-for-sale. On December 3'1, Bat, Inc.'s fiscal year end, the market value of the shares of Glove Corp, increased to $54,000. Identify how this-change in market value affected Bat Inc.'s financial statements for the year ending December 31, 2013. If there is no effect, simply write "no effect". Assume that all facts regarding Bat, Inc's purchase of Glove Corp. stock are the same as stated above, with the exception that Bat. Inc. classified the investment as Trading Securities instead of Available-for-sale upon purchase. Identify how this change in market value affected Bat, Inc's financial statements for the year ending December 31, 2013. If there is no effect, simply write "no effect