On its December 31, 2021 balance sheet, Calhoun Company appropriately reported a $10,000 debit balance in its Fair Value Adjustment account. There was no change during 2022 in the composition of Calhouns portfolio of equity investments. The following information pertains to that portfolio:

Security Cost Fair value at 12/31/22

X $125,000 $160,000

Y 100,000 90,000

Z 175,000 125,000

$400,000 $375,000

What is the amount of Unrealized Gain or Loss OCI on Calhoun's Comprehensive Income Statement for the year 2022?

Select one:

a.

$25,000

b.

$15,000

c.

$10,000

d.

$0

e.

$35,000