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Unmut My Audio (AltAL Or you can simply press and hold the unmute 8 Harvey Penick Golf Academy held trading investments valued at $55,000 at

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Unmut My Audio (AltAL Or you can simply press and hold the unmute 8 Harvey Penick Golf Academy held trading investments valued at $55,000 at December 31, 2013. These investments cost Penick $50,000. What should appear on the Penick income statement for the year ended December 31, 2013, for the trading investments? (5 Points) a) $50,000 b) $55,000 c) $5,000 unrealized gain d) Cannot be determined from the data given

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