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ABC Corp purchased a 27.66% interest in XYZ Corporation on January 2, Year 2, for $1,252. At that time, the carrying amount of XYZ's net assets was $4,515. Any excess of the cost of the investment over ABC's share of XYZ's carrying amount would be attributed to unrecorded intangibles with a useful life of 20 years. XYZ declared and paid a dividend of $26 and reported net income of $70 for its year ended December 31, Year 2. Assume that ABC Corporation is a private enterprise that applies ASPE. Assuming that XYZ's shares are traded in an active market, ABC applies the FV-NI approach, and the fair value of ABC's share of XYZ on December 31, Year 2, is $1,289. What is the amount ABC should record for unrealized gain or loss (if any) for this investment as of December 31, Year 2? . $36.08 O b. $39.78 . $38.85 O d. $37.93 O e. $37.00