Escanaba has a portfolio of marketable debt securities that it might sell, but has no plans to do so.How should Escanaba classify these securities, and how should it report unrealized gains and losses from these securities?

Select one:

a.Trading; Component of income from operations

b.Available-for-Sale; Component of income from operations

c.Trading; Separate component of other comprehensive income

d.Held-to-Maturity; Component of income from operations

e.Available-for-Sale; Separate component of other comprehensive income