Please use the following to answer questions 16-17. On December 1, 2009 risk Taking Company bought a put option costing $90,000. The use of this derivative instrument does not qualify for hedge accounting. It cannot be either a fair value or cash flow hedge. The put option gives the company the right to sell 100,000 barrels of oil for $105 per barrel during March 2010. As of December 31, 2009 the put option had a value of $115,000. Risk Taking Company liquidated the put option on March 15, 2010 in exchange for $105,000 17. Risk Taking Company will have an unrealized gain (loss) on December 31, 2009 for this put option of : A. $25,000 gain B. $15,000 loss C. $10,000 loss D. $0