P 13-9 LO6 Fair Value Through Other Comprehensive Income Financial Assets--Equity Lorien Technologies, Inc., purchased the following equity securities during 2018: Security Cost Market Value (12/31/18) 8,000 3,500 Classification FVTOCI Financial Assets-Equity FVTOCI Financial Assets-Equity 10,000 6,000 a. The following transactions occurred during 2019: On January 1, 2019, Lorien purchased Security C for $12,000. Security C is classified as FVTOCI-Equity b. On July 23, 2019, Security A was sold for $19,500. The remaining securities had the following market values as of December 31, 2019: Security Market Value B 5,000 13,000 Required: Determine the amount of (a) realized gains or losses recognized to Retained Earnings and (b) unrealized gains or losses to be reported relating to Lorien's FVTOCI financial assets-equity for 2019. Which amounts will appear on the statement of comprehensive income? P 13-10 Investments in Bonds and Stock Wilbur Comman of