At the end of the first year of operations, the total cost of the trading securities portfolio is $240,000. The fair value of the portfolio is $250,000. The financial statements will report:
a. an addition to an asset of $10,000 and a realized gain of $10,000.
b. an addition to an asset of $10,000 and an unrealized gain of $10,000 in the stockholders’ equity section.
c. an addition to an asset of $10,000 in the current assets section and an unrealized gain of $10,000 in "Other revenues and gains". d. an addition to an asset of $10,000 in the current assets section and a realized gain of $10,000 in "Other revenues and gains".