On its December 31, 2024, balance sheet, Sandhill Company reported its investment in equity securities, which cost $690000, at fairvalue of $618000. At December 31, 2025, the fair value of the securities was $649000. What should Sandhill report on its 2025income statement as a result of the increase in fair value of the investments in 2025?O Realized gain of $31000O Unrealized gain of $31000O Unrealized loss of $41000O $0

An unrealized gain is an increase in the value of an asset or investment that has not been sold by…

value of $618000. At December 31, 2025, the fair value of the securities was $649000. What should Sandhill income statement as a result of the increase in fair value of the investments in 2025? O Realized gain of $31000 O Unrealized gain of $31000 O Unrealized loss of $41000 O $0

value of $618000. At December 31, 2025, the fair value of the securities was $649000. What should Sandhill income statement as a result of the increase in fair value of the investments in 2025? O Realized gain of $31000 O Unrealized gain of $31000 O Unrealized loss of $41000 O $0

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter13: Investments And Long-term Receivables

Section: Chapter Questions

Problem 8RE

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On its December 31, 2024, balance sheet, Sandhill Company reported its investment in equity securities, which cost $690000, at fair
value of $618000. At December 31, 2025, the fair value of the securities was $649000. What should Sandhill report on its 2025
income statement as a result of the increase in fair value of the investments in 2025?
O Realized gain of $31000
O Unrealized gain of $31000
O Unrealized loss of $41000
O $0

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