Multiple Choice
Loser Corp. holds two trading investments. At year end, one has an unrealized gain of $2,000 and the other has an unrealized loss of $4,500. The trading investments would be reported at fair value and Loser Corp. would report a net unrealized loss of:
A) $2,500 in the income statement.
B) $4,500 in the income statement.
C) $2,500 in the statement of comprehensive income.
D) $4,500 in the statement of comprehensive income.
Correct Answer:

Verified
Correct Answer:
Verified
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