Westside Corporation Had an Investment in Available-For-Sale Securities of $70,000

Multiple Choice

Westside Corporation had an investment in available-for-sale securities of $70,000. This investment experienced an unrealized loss of $5000 during the year. Westside Corporation had a balance in its available-for-sale account of $169,000 at year end. Ignoring income taxes, the effect of this loss on comprehensive income will be:

A) $70,000 increase.
B) $65,000 decrease.
C) $104,000 increase.
D) $5000 decrease.