ws On January 1,2016, a company's balance sheet reports its investments in financial instruments as follo 100.000 . ...207 544 Assets Equity Accumulated other comprehensive income: $4,000 tional information: M securities are $200,000 face value debt securities purchased on January 1,2014, at a yield of 4%. The securities have a 4-year total life and pay interest annually on December 31, at a coupon rate of 6%. The trading securities on hand on January I were sold in 2016 for $180,000. b. c. More trading securities were purchased for $100,000. They are still on hand at December 31, 2016,and d. AFS securities,originally purchased for $26,000 with a carrying value of $25,000 as of January 1,2016, e. AFS securities on hand at December 31,2016, have a fair value of $81,000 have a fair value of $125,000. were sold for $29,000 What is the sive Income? 4. amount of the net gain related to AFS securities reported on the 2016 Statement of Comprehen- L a. $1,000 b. $5,000 c. $6,000 d. $7,000