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On its December 31, 2020, balance sheet, Sandhill Company reported its investment in equity securities, which had cost $560000, at fair value of $528000. At

On its December 31, 2020, balance sheet, Sandhill Company reported its investment in equity securities, which had cost $560000, at fair value of $528000. At December 31, 2021, the fair value of the securities was $549000. What should Sandhill report on its 2021 income statement as a result of the increase in fair value of the investments in 2021?

Realized gain of $21000.

Unrealized gain of $21000.

Unrealized loss of $11000.

$0.

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