When there are profits (gains) and losses (losses) in the financial statements:

a. All realized gains and losses are presented in the Statement of Income and Expenses. The unrealized gains and losses are never presented in the Statement of Income and Expenses

b. All gains and losses are presented in the Statement of Income and Expenses, regardless of whether they are realized or not realized.

c. All gains and losses are presented as Other comprehensive income, regardless whether they are realized or not realized.

d. None of the above.