Sloan Company's available-for-sale debt securities portfolio as of December 31, 20xl is as follows: Fair Unrealized Cost Value Gain (Loss) Bonds issued by Arlington Corp 260,000 210,000 (50,000) Bonds issued by Downs, Inc 245.000 265,000 20.000 $505.000 $475,000 $(30,000) Ignoring income taxes, what amount should be reported as a reduction of income in Sloan's 20x1 income statement if 20x1 is Sloan's first year of operations? a) so. b) $ 20,000 c) S 30,000 d) $50,000