Question: Stone has provided the following information on its available-for-sale securities:
Aggregrate cost as of 12/31/14 $170,000
Unrealized gains as of 12/31/14 4,000
Unrealized losses as of 12/31/14 26,000
Net realized gains during 2014 30,000
Stone reported $1,500 in the contra-asset valuation account to reduce these securities to their fair value at December 31, 2013.
Required: What amount should be debited as an unrealized loss to the stockholders' equity section of Stone's December 31, 2014, balance sheet as a result of 2014 fair value changes related to its available-for-sale securities? (Ignore taxes.)