A company issued $$2,000,000$ of $9\%$ bonds at face value on September $1,2023.$ The company elects to use the fair value option for these bonds. At December $31,2023,$ the value of the bonds is $$1,980,000$ because the company's credit rating dropped from AA to BB$.$ The December $31,2023$ entry that the company should make to record the fair value change will include:

Question $15$ options:

$$20,000$ Unrealized Holding Loss $-$ Equity

$$20,000$ Unrealized Holding Gain $-$ Income

$$20,000$ Unrealized Holding Gain $-$ Equity

$$20,000$ Unrealized Holding Loss $-$ Income