Parnevik Company has the following securities in its investment portfolio on December 31, 2020 (all securities were purchased in 2020): (1) 3,000 shares of Anderson Co.common stock which cost $58,500, (2) 10,000 shares of Munter Ltd. common stock which cost $580,000, and (3) 6,000 shares of King Company preferred stock which cost $255,000. The Fair Value Adjustment account shows a credit of $10,100 at the end of 2020, In 2021. Parnevik completed the following securities transactions On January 15, sold 3,000 shares of Anderson's common stock at $22 per share less tees of $2,150 On April 17, purchased 1,000 shares of Castle's common stock at $33.50 per share plus fees of $1,980, 1. 2. On December 31, 2021, the market prices per share of these securities were Munter $61, King $40, and Castle $29. In addition, the accounting supervisor of Parnevik told you that, even though all these securities have readily determinable fair values, Parnevik will not actively trade these securities because the top management intends to hold them for more than one year. How should the unrealized gains or losses be reported on Parnevik's income statement and balance sheet? 1 . ' 99 OW