On January 12, 2024, Jefferson Corporation purchased bonds of Rose Corporation for $52 million at par and classified the securities as available-for-sale. On December 31, 2024, these bonds were valued at $46 million. Nine months later, on October 3, 2025, Jefferson Corporation sold these bonds for $62 million.

As part of the multistep approach to record the 2025 transaction, Jefferson Corporation should next take the second step of reversing total accumulated unrealized holding gains of:

A: $6 million

B: $22 million

C: $10 million

D: $16 million