On April 1, 2020, Gusto Corp. purchases a call option for $500, which gives Gusto the right to buy 1,000 shares of Delta Inc. for $30 each until December 1, 2020. Delta Inc. shares are currently trading for $30. At June 30, 2020, the options are trading at $4,800 and the shares at $32 each. At December 1, 2020, the options expire with no value. At June 30, 2020, Gustos quarter end, the adjusting entry would be

a)	DR Derivatives - Financial Assets	4,300
	CR Other Comprehensive Income		4,300
b)	No entry required
c)	DR Derivatives - Financial Assets	4,300
	CR Gain or Loss on Derivatives		4,300
d)	DR Derivatives - Financial Assets	4,800
	CR Gain or Loss on Derivatives		4,800