On January 1,2014,Ross Corporation Issued Bonds with a Maturity Value

On January 1,2014,Ross Corporation issued bonds with a maturity value of $200,000;the bond's stated rate of interest equaled the market interest rate on the issue date.On December 31,2014,the market value of the bonds was $188,926;on December 31,2015,the market value of the bonds was $191,325.Which of the following correctly describes Ross Corporation's financial reporting if Ross elects to measure the bond liability using the fair value option?

A) For the year ending December 31,2014,Ross will report an unrealized holding loss of $11,074 in its income statement.
B) For the year ending December 31,2015,Ross will report an unrealized holding gain of $8,675 in its income statement.
C) For the year ending December 31,2015,Ross will report an unrealized holding loss of $8,675 in its income statement.
D) For the year ending December 31,2015,Ross will report an unrealized holding loss of $2,399 in its income statement.