Mid-South has three debt securities during 2020 and 2021, its first two years of operations. The following information pertains to these securities. The fluctuations in these fair values are not considered permanent.

Securities Fair Value Fair Value Amortized Cost Amortized Cost

(12/31/2020) (12/31/2021) (12/31/2020) (12/31/2021)

HTM Security

ABC Co. Bonds $350,000 $400,000 $380,000 $350,000

Trading Security

DEF Co. Bonds $48,000 $60,000 $70,000 $65,000

AFS Security

GHI Bonds $130,000 $150,000 $140,000 $145,000

What unrealized holding gain would Mid-South report in its 2021 income statement relative to its investments in bonds?

	a.	$17,000
	b.	None of these answer choices are correct.
	c.	($17,000)
	d.	$22,000
	e.	($22,000)