Use the Following Information on a Company's Investments in Debt

Use the following information on a company's investments in debt securities to answer bellow Questions. The company's accounting year ends December 31.
$\begin{array}{|l|r|r|r|r|r|}\hline&\text { Date of } &&\text { Fair Value } &\text { Date }&\text { Selling } \\\text { Investment }&\text { Acquisition } & \text { Cost } &12 / 31 / 19&\text { Sold }&\text { Price }\\\hline \text { Colt Company stock } & 9 / 20 / 19 & \$ 38,000 & \$ 37,000 & 2 / 10 / 20 & \$ 42,000 \\\hline \text { Dana Company stock } & 10 / 2 / 19 & 14,000 & 14,200 & 1 / 17 / 20 & 13,000 \\\hline\end{array}$
-If the above debt investments are categorized as trading securities, what amount is reported for gain or loss on securities in 2019 income?

A) No gain or loss
B) $800 loss
C) $3,000 gain
D) $200 gain