Question: On its December 3 1 , 2 0 2 1 , balance sheet, Sandhill Co . reported its investment in trading securities , which had

On its December 31,2021, balance sheet, Sandhill Co. reported its investment in trading securities, which had cost $503700, at fair value of $477700. At December 31,2022, the fair value of the securities was $493000. What should Sandhill report on its 2022 income statement as a result of the increase in fair value of the investments in 2022?
Unrealized loss of $10700.
$0.
Unrealized gain of $15300.
Realized gain of $15300.
Attempts: 0 of 1 used
On its December 3 1 , 2 0 2 1 , balance sheet,

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