At the End of the First Year of Operations, the Total

Multiple Choice

At the end of the first year of operations, the total cost of the trading debt securities portfolio is $245,000. Total fair value is $250,000. The financial statements should show

A) an addition to an asset of $5,000 and a realized gain of $5,000.
B) an addition to an asset of $5,000 and an unrealized gain of $5,000 in the stockholders' equity section.
C) an addition to an asset of $5,000 in the current assets section and an unrealized gain of $5,000 in "Other revenues and gains."
D) an addition to an asset of $5,000 in the current assets section and a realized gain of $5,000 in "Other revenues and gains."