Use the Following Information to Answer Bellow Questions

Multiple Choice

Use the following information to answer bellow Questions.
A company bought debt securities, classified as available-for-sale, on August 1, 2020 for $105,000. On November 15, 2020, the market value of the securities is $100,000, and the company buys put options for $500, locking in the selling price of the securities at $100,000. The options qualify as a fair value hedge of the securities. All income effects of the securities and the hedge are reported in financial gains (losses) . At December 31, 2020, the reporting year-end, the market value of the securities is $98,000, and the options have a fair value of $2,600. On March 1, 2021, when the market value of the securities is $95,000, the company sells the options for $5,400, and also sells the securities.
-The options increased in value by $2,100 in 2020. Where is this gain reported?

A) In other comprehensive income
B) On the balance sheet as an increase in the securities investment
C) In income
D) Not reported