Trubber Ltd. purchased 1,000 common shares of Jack Co. on September 1 for $13 per share. At December 31, Trubber's year end, Jack's shares are selling for $16 and Jack reported net income of $120,000. Assuming Trubber accounts for the investment using FVTPL, the adjust to the investment account at year end would be

a. debit to FVTPL Investments - Jack Co. for $3,000.

b. debit to FVTPL Investments JackCo. for $1,000.

C. credit to FVTPL Investments Jack Co. for $3,000.

d. credit to FVTPL Investments - Jack Co. for $1,000.