On its December 31, 2017, balance sheet, Crane Company reported its investment in equity securities, which had cost $590000, at fair value of $552000. At December 31, 2018, the fair value of the securities was $576000. What should Crane report on its 2018 income statement as a result of the increase in fair value of the investments in 2018?

Unrealized loss of $14000.

Realized gain of $24000.

Unrealized gain of $24000.

$0.