Valet Corporation began operations in 2018. An analysis of Valet's debt securities portfolio acquired in 2018 shows the following totals at December 31, 2018 for trading and available-for-sale debt securities:Trading Securities ... Available-for-Sale SecuritiesAggregate cost $180,000 ... $220,000Aggregate fair value 160,000 ... 190,000What amount should Valet report in its 2018 income statement for unrealized holding loss?1. $20,000.2. $30,000.3. $50,000.4. $10,000
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