Smith buys and sells equity securities. On December 15, 2021, Smith purchased $505,000 of Jones shares and elected the fair value option to account for the Jones Investment. As of December 31, 2021, the Jones shares had a falr value of $594,000. In the 2021 financial statements, Smith will report (Ignore taxes): Multiple Choice O An Investment In Jones of $505,000. O Other comprehensive Income of $89.000. O Accumulated other comprehensive Income of $594.000. Investment Income of $89,000 in its income statement