Goofy Inc. bought a sizeable amount of Crazy Co.'s bonds for $206,000 on May 5, 2017, and classified the investment as available for sale. The market value of the bonds declined to $129,000 by December 31, 2017. Goofy reclassified this investment as trading securities in December of 2018 when the market value had risen to $158,000. What effect on 2018 income should be reported by Goofy for the Crazy Co. bonds? Multiple Choice o $29,000 net unrealized holding gain, O $48.000 net unrealized holding loss. O $77,000 net unrealized holding loss. O $0