What is the total amount of unrealized profit (after-tax) remaining at the end of 2019?

Question

Quizplus · Accepted Answer

The unrealized profit at the end of 2019 is calculated as the difference between the market value of the investment ($92,000) and the cost basis ($66,000), which is $26,000. Since the question states "after-tax", we can assume that the taxes on the unrealized profit have not been paid, so the remaining amount is still $26,000. Therefore, the correct answer is B.

What Is the Total Amount of Unrealized Profit (After-Tax) Remaining