Rhoads purchased common shares of Company A and B for $10,000 and $9,000, respectively on 12/15. ...

Rhoads purchased common shares of Company A and B for $10,000 and $9,000, respectively on 12/15.  Rhoads intends to sell these securities within 30 days.  At 12/31, Investments in Company A & B had a fair value of $9,000 and $17,000, respectively.  Assuming this is the first trading investment for Rhoads, what is the unrealized gain or loss for these securities and how is it reported?
A) Unrealized Loss of $7,000, Unrealized Gain of $3,000, both reported as part of Net Income.
B) Unrealized Gain of $7,000, reported as part of Other Comprehensive Income.
C) Unrealized Loss of $7,000, Unrealized Gain of $3,000, both reported as part of Other Comprehensive Income.
D) Unrealized Gain of $7,000, reported as part of Net Income.