Sork Incorporated has a portfolio of debt securities classified as available-for-sale securities. At the end of the year, the fair values of the securities had increased relative to their balance at the beginning of the year. How should Sork report the unrealized gains on its portfolio of debt securities in the statement of stockholders' equity? 1. Only the cumulative amount of net gains are reported in the statement of stockholders' equity. 2. Only current period changes in the value of the investment are reported in the statement of stockholders' equity. 3. A correct journal entry to report unrealized gains would include an increase to other comprehensive income. Multiple Choice 1 and 3 only 2 and 3 only 1 only 3 only