On March 25, 2021. Phillips Corporation purchased bonds of Atlas Corporation for $183 million and classified the securities as trading securities. On December 31, 2021, these bonds were valued at $221 million. Three months later, on April 3, 2022, Phillips Corporation sold these bonds for $200 million As part of the multistep approach to record the 2022 transaction, Phillips Corporation should first update the fair value adjustment by recording: Multiple Choice An unrealized holding gain of $59 million in 2022 An unrealized holding loss of $21 million in 2022 An unrealized holding gain of $17 million in 2022 A gain of $17 million in 2022