Goofy Incorporated bought a sizeable amount of Crazy Company's bonds for $200,000 on May 5, 2023, and classified the investment as available-for-sale. The market value of the bonds declined to $124,000 by December 31, 2023. Goofy reclassified this investment as trading securities in December of 2024 when the market value had risen to $163,000. What effect on 2024 net income should be reported by Goofy for the Crazy Company bonds?

A: 39,000 net unrealized holding gain

B: 37,000 net unrealized holding loss

C: 76,000 net unrealized holding loss

D: 0