Six months ago, a company purchased stock investments with insignificant influence for $70,000. This is the companys first and only purchase of stock. The current year-end fair value of the stock is $68,500. The company should record a:

Select one:

a. Debit to Unrealized LossIncome for $1,500.

b. Debit to Unrealized GainEquity for $1,500.

c. Debit to Investment Revenue for $1,500.

d. Credit to Dividend Revenue for $1,500.

e. Credit to Investment Revenue for $1,500.