Libby Company purchased equity securities for $170,000 and classified them as available-for-sale securities. At the end of the year, the fair value of the securities was $175,000. How should the investment be reported in the year-end financial statements? a-The investment in available-for-sale securities would be reported in the balance sheet at its $175,000 market value and an unrealized holding gain would be reported in other comprehensive income. b-An unrealized holding gain would be reported in other comprehensive income. c-The investment in available-for sale securities would be reported in the balance sheet at its $175,000 market value. d-The investment in available-for-sale securities would be reported in the balance sheet at its $170,000 cost.