Six months ago, a company purchased stock investments with insignificant influence for $70,000. This is the company's first and only purchase of stock. The current year-end fair value of the stock is $68,500. The company should record a:
A. Debit to Unrealized Gain-Equity for $1,500.
B. Debit to Unrealized Loss-Income for $1,500.
C. Credit to Investment Revenue for $1,500.
D. Credit to Dividend Revenue for $1,500.
E. Debit to Investment Revenue for $1,500.
Answer: B
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