At December 31 2017 Delta Inc If the Available-For-Sale Securities Are Held as Long-Term Investments Which

At December 31 2017 Delta Inc. has these data on its security investments: $$\begin{array} { l r c } \underline{\text { Security }} & \underline{ \text { Cost } } & \underline{ \text { Fair Value 12/31/17 }} \\ \text { Trading } & \$ 140,000 & \$ 190,000 \\\text { Available-for-sale } & 137,000 & 122,000\end{array}$$ If the available-for-sale securities are held as long-term investments which of the following will be recorded to adjust the securities to fair value? a.
$\begin{array}{llr} \text { Securities } &35,000\\ \text {Unrealized Gain-Income } &&35,000\\\end{array}$

b.
$\begin{array}{llr} \text { Unrealized Loss-Income } &15,000\\ \text {Securities } &35,000\\ \text { Unrealized Gain-Income } &&50,000\end{array}$

c.
$\begin{array}{llr} \text { Fair Value Adjustment-Trading } &50,000\\ \text { Unrealized Gain-Income} &&50,000\\ \text { Unrealized Gain or Loss-Equity } &15,000\\ \text { Fair Value Adjustment-Available-for-Sale} &&15,000\end{array}$

d.
$\begin{array}{llr} \text { Unrealized Gain-Income } &50,000\\ \text { Fair Value Adjustment-Trading. } &&50,000\\ \text {Fair Value Adjustment-Available-for-Sale } &15,000\\ \text { Unrealized Gain or Loss-Equity } &&15,000\end{array}$