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Onits December 31, 2020, balance sheet, Red Corp.reported a short-term investment in equity securities under the fair value through net income model, at $330,000. At
Onits December 31, 2020, balance sheet, Red Corp.reported a short-term investment in equity securities under the fair value through net income model, at $330,000. At December 31, 2021, the fair value of the securities was $350,000. What should Red report on its 2021 income statement as a result of the increase in fair value of the investments during 2021? O Investment income of $20,000. Unrealized gain of $20,000. O $0. O Loss on investments of $20,000
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