On December 29, 2016, James Co. sold an equity investment that had been purchased on January 4 2015. James owned no other equity investments. An unrealized holding loss was reported in the 201 income statement. A realized gain was reported in the 2016 income statement. Was the equity investment classified as non-trading and did its 2015 market price decline exceed its 2016 market pi recovery? Non-trading Yes Yes C. No No 2015 Market Price Decline Exceeded 2016 Market Price Recovery Yes No Yes No January 1, 2015 for $400,000. Du Rich, Inc. acquired 30% of Doane Comple