On March 15,Alan Company Purchased 10,000 Shares of Cameo Corp

On March 15,Alan Company purchased 10,000 shares of Cameo Corp.stock for $35,000.The investment is classified as available-for-sale securities.On June 30,the stock had a fair value of $34,000.Alan should do which of the following?

A) Record a decrease to the Fair value Adjustment-AFS account.
B) Record an increase to the Unrealized Loss-Equity account.
C) Report a decrease in the Gain on Sale of Investment income statement account.
D) Report an increase in the asset section of the balance sheet.
E) Record an increase to the Unrealized Gain-Income account.