On its December $31,2024,$ balance sheet, Tango Company reported its investment in equity securities$,$ which are classified as available$-$for$-$sale had cost $$600,000,$ at fair value of $$560,000.$ At December $31,2025,$ the fair value of the securities was $$585,000.$ Which of the following will Tango report in its $2025$ financial statements?

a$.$ Available for Sale Equity Securities at fair value of $$585,000$ and an unrealized holding gain of $$25,000$ in net income

b$.$ Available for Sale Equity Securities at fair value of $$585,000$ and an unrealized holding gain of $$25,000$ in other comprehensive income

c$.$ Available for Sale Equity Securities at cost of $$600,000$ plus Fair Value Adjustment of $$15,000$ and an unrealized holding loss of $$15,000$ in net income.

d$.$ Available for Sale Equity Securities at fair value of $$585,000$ and an unrealized holding loss of $$15,000$ in net in

nstrument Corporation has the following investment which was held throughout $20252026$:

Fair Value

Cost $12/31/2512/31/26$

Equity investment $$900,000$ $$1,200,000$ $$1,140,000$

What amount of gain or loss would Instrument Corporation report in its income statement for the year ended December $31,2026$ related to this investment?

a$.$ $$60,000$ gain

b$.$ $$60,000$ loss

c$.$ $$300,000$ gain

d$.$ $$240,000$ gain