Which statement is true about reporting unrealized gains and losses from available$-$for$-$sale debt securities$?5\mathrm{.}45/10$ Total points awarded Help Exit$2$Multiple Choice$/1$pints awardedScoredUnrealized gains and losses from available$-$for$-$sale debt securities should be reported as a separate component of other comprehensive income if the fair value option to report these securities is elected.eBookReferencesUnrealized gains and losses from available$-$for$-$sale debt securities should be reported as a component of income from continuing operations if the fair value option to report these securities is not elected.Unrealized gains and losses from available$-$for$-$sale debt securities should be reported as a component of income from continuing operations if the fair value option to report these securities is elected.Unrealized gains and losses from available$-$for$-$sale debt securities should not be reported, since gains and losses from available for$-$sale securities are reported only upon sale.