Searles does not elect the fair value option for recording financial assets and liabilities. What amount of comprehensive income should Searles Corporation report on its statement of income and comprehensive income given the following net of tax figures that represent changes during a period?

Pension liability adjustment recognized in OCI $ (3,000)

Unrealized gain on available-for-sale securities 15,000 Reclassification adjustment, for securities gain included in net income (2,500)

Stock warrants outstanding 4,000 Net income 77,000

a. $86,500

b. $89,000

c. $89,500

d. $90,500