Six months ago, a company purchased an investment in stock for $65,000. The investment is classified as available-for-sale securities. The current fair value of the stock is $68,500. The company should record a:
A.
Debit to Unrealized Loss–Equity for $3,500.
B.
Credit to Unrealized Gain–Equity for $3,500.
C.
Debit to Investment Revenue for $3,500.
D.
Credit to Market Adjustment – Available-for-Sale for $3,500.
E.
Credit to Investment Revenue for $3,500.