Foley Corporation's Trading Securities Portfolio at the End of the Year

Foley Corporation's trading securities portfolio at the end of the year is as follows: At the end of the year, Foley Corporation should
A) set up a Fair Value Adjustment account for Share B.
B) set up a Fair Value Adjustment account for the portfolio.
C) recognize an Unrealized Gain or Loss-Income for ₤4,000.
D) report a loss on the income statement for ₤4,000 under "Other income and expense."