Kohler Company owns the following investments:

Trading securities (fair value) $120,000

Available-for-sale securities (fair value) 90,000

Held-to-maturity securities (amortized cost) 94,000

Kohler will report securities in its long-term investments section of

a. exactly $210,000.

b. exactly $214,000.

c. exactly $294,000.

d. $184,000 or an amount less than $184,000, depending on the circumstances.