On January 15, 2021, Luna Corporation purchased 300 shares of Amazon stock for $3,104 per share and classified the investment as TRADING. On January 31, 2021, Amazon stock was trading at $3,206 per share and on February 28, 2021 the stock was trading at $3,093 per share.

The Investment in Amazon will be shown on Luna Corporations January 31, 2021 Balance Sheets for:

1. $961,800

2. $946,500

3. $931,200

4. $927,900

The Unrealized Gain or Unrealized Loss on this trading investment will be shown on Luna Corporations January 2021 Income Statement for:

1. $33,900 unrealized loss

2. $3,300 unrealized loss

3. $30,600 unrealized gain

4. $15,300 unrealized gain