Hopkins Company Regularly Invests in Securities to Supplement Its Income

Hopkins Company regularly invests in securities to supplement its income.As part of their investment portfolio they bought 20,000 shares of Stern Ltd.for $12.50 per share on March 1, 2014.Hopkins designated the investment as FVTPL At their year-end, December 31, 2014; the shares were trading at $15.00.They sold the shares on January 5, 2015, for $14.50 each.What is the impact of the investment in Stern Ltd.on Hopkins Company's net income for 2014?

A) No effect
B) $30,000 realized gain
C) $40,000 unrealized gain
D) $50,000 unrealized gain