During Its Fiscal Year,a Pension Trust Fund Buys 1,000 Shares

During its fiscal year,a Pension Trust Fund buys 1,000 shares of stock,for which it pays $33,000.At year end,the stock has a fair value of $28,000.How should this fact be reported in the Trust Fund's financial statements?

A) The investment should be reported at a value of $33,000
B) The investment should be reported at a value of $33,000,and the loss in market value should be reported in a footnote
C) The investment should be reported at a value of $30,500
D) The investment should be reported at a value of $28,000