Masma Corp. began operations in 2020. An analysis of Masma's equity securities portfolio acquired in 2020 shows the following totals at the end of the year. Masma accounts for these investments using the fair value through net income (FV-NI) model. Total cost $182,400 Total fair market value 153,600 Based on this information, what amount should Masma report in its 2020 income statement for "Investment Income or Loss"? $28,800 loss $28,800 gain $12,800 loss $16,000 gain