A Company Invests $300,000 in Equity Securities on November 30

A company invests $300,000 in equity securities on November 30, 2019, and classifies them as investments with no significant influence. At December 31, 2019, the company's year-end, the securities have a fair value of $310,000. On February 1, 2020, the company sells the securities for $295,000.
Which statement is true regarding how this information is reported in the company's financial statements?

A) The company's December 31, 2019 balance sheet reports the securities at $300,000, and a gain of $10,000 is reported on the 2019 income statement.
B) The company's December 31, 2019 balance sheet reports the securities at $310,000, and a loss of $5,000 is reported on the 2020 income statement.
C) The company's December 31, 2019 balance sheet reports the securities at $310,000, and a loss of $15,000 is reported on the 2020 income statement.
D) The company's December 31, 2019 balance sheet reports the securities at $300,000, and no gain or loss appears on the 2019 income statement.