Reed Corporation has the following investments which were held throughout 2015-2016:
|
Fair Value
|
|
|
|
Cost
|
|
12/31/15
|
|
12/31/16
|
|
Trading
|
$700,000
|
$900,000
|
$850,000
|
|
Available-for-sale
|
700,000
|
750,000
|
845,000
|
What amount of gain or loss would Reed Corporation report in its income statement for the year ended December 31, 2015 related to its investments?