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In its first year of operations, Maple Leaf Company purchased trading securities at a total cost of $ 4 5 , 0 0 0 .

In its first year of operations, Maple Leaf Company purchased trading securities at a total cost of $45,000. On December 31, the end of Maple Leaf's fiscal year, the fair market value of those investments totaled $48,000. As a result of these investments, Maple Leaf Company will report: A. Investment in Trading Securities of $45,000, B. Investment in Trading Securities of $48,000, C. Unrealized Holding Gain/Loss-Trading Securities of $3,000, or D. Unrealized Holding Gain/Loss-Trading Securities of $48,000.

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