On January $1,2022,$ Mills Corp. purchased a call option on shares of XYZ stock. Terms of the contract were as follows:

Number of shares: $100$

Strike price: $$120$ per share

Expiration date: April $30,2022$

Total cost of the option contract: $$90$

Seller of the option contract: First Investment Bank

On January $1,2022,$ XYZ stock was trading at $$120$ per share.

The following additional information is known:

On March $31,2022,$ the price of XYZ stock was $$140$ per share. A market appraisal indicated that the time value of the option contract was $$70.$

On April $5,2022,$ the price of $xYZ$ stock was $$135$ per share. A market appraisal indicated that the time value of the option contract was $$60.$ On this date, Mills settled the option contract.

Required:

Indicate any amounts that Mills Corp. would have included in its March $2022$ quarterly financial statements related to the option contract.

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Indicate any amounts that Mills Corp. would have included in its March $2022$ quarterly financial statements related to the option contract.