On its December 31, 2020, balance sheet, James Company reported its investment in equity securities, which had cost $600,000, at fair value of $560,000. At December 31, 2021, the fair value of the securities was $575,000. What should James Company report on its 2021 income statement as a result of the increase in fair value of the investments in 2021?

	A.	Unrealized gain of $25,000.
	B.	Realized gain of $15,000.
	C.	Realized gain of $25,000.
	D.	Unrealized gain of $15,000.