Hawk Corporation purchased 10,000 Diamond Corporation bonds in 2015 for $52 per bond and classified the investment as securities available for sale. The value of the Diamond investment was $83 per bond on December 31, 2016, and $102 on December 31, 2017. During 2018, Hawk sold all of its Diamond investment at $149 per bond In its 2018 income statement, Hawk would report Multiple Choice A loss of $500,000. A gain of $470,000 A gain of $970,000