Which statement is true about reporting unrealized gains and losses from available-for-sale (AFS) securities? Unrealized gains and losses from AFS securities should be reported as a component of income from continuing operations if the fair a. value option to report these securities is elected. Unrealized gains and losses from AFS securities should not be reported, since gains and losses from available-for-sale securities are b.reported only upon sale. Unrealized gains and losses from AFS securities should be reported as a separate component of other comprehensive income if the c. fair value option to report these securities is elected. Unrealized gains and losses from AFS securities should be reported as a component of income from continuing operations if the fair d. value option to report these securities is not elected. Unrealized gains and losses from AFS securities should reverse net income in the statement of cash flows. e