Under the Equity Method, If an Equity-Method Investment Is Sold

Multiple Choice

Under the equity method, if an Equity-method Investment is sold at a gain, the gain is:

A) reported as operating revenue on the income statement.
B) reported on the balance sheet as an adjustment to accumulated other comprehensive income.
C) reported in the Other revenue and gain section of the income statement.
D) reported as Other comprehensive income on the statement of comprehensive income.