On June 16, Canton Company purchased 10,000 shares of Kero Corp. stock for $35,000. The investment is classified as available-for-sale securities. On Sept 30, the stock had a fair value of $38,000. Canton should do all of the following except:

		Record an increase to the Fair value Adjustment-AFS account.
		Record an increase to the Unrealized Gain - Equity account.
		Report the increase in the equity section of the balance sheet.
		Report the increase in the asset section of the balance sheet.
		Record an increase to the Unrealized Gain - Income account.