Problem: Unruh Corp. began operations in 2007. An analysis of Unruh's equity securities portfolio acquired in 2007 shows the following totals at December 31, 2007 for trading and available-for-sale securities:
Trading Available-for-Sale
Securities Securities
Aggregate cost $90,000 $110,000
Aggregate fair value 65,000 95,000
What amount should Unruh report in its 2007 income statement for unrealized holding loss?
a. $40,000.
b. $10,000.
c. $15,000.
d. $25,000