Please answer this 2 part question and i will upvote!

Use the following information for items 27 and 28. The Albany State Company has the following investment securities in its portfolio at December 31, 2020. Security Golden Common Stock Peace Preferred Stock Rams 10% Bonds Total Cost $ 50,000 30.000 20.000 $100,000 Market Value $ 35,000 40,000 20.000 $ 95,000 What entry would Albany State make at December 31, 2020 to record the investment in Golden if it choose to report this security using the fair value option? Debit: Unrealized Holding G/L - Income, 15,000: Credit: Equity Investments, 15,000 Debit: Unrealized Holding G/L - Income, 35,000; Credit: Equity Investments, 35,000 Debit: Equity Investment, 15,000; 15,000 Credit: Unrealized Holding G/L - Income, Debit: Equity Investments, 35,000; Credit: Unrealized Holding G/L - Income, 35,000 Question 28 (3 points) Listen Use the following information for items 27 and 28. The Albany State Company has the following investment securities in its portfolio at December 31, 2020. Security Cost Market Value Golden Common Stock $ 50,000 $ 35,000 Peace Preferred Stock 30,000 40,000 Rams 10% Bonds 20,000 20.000 Total $100,000 $ 95,000 What entry would Albany State make at December 31, 2020 to record its investment in Peace and Rams if the fair value option was NOT selected for these securities? Debit: Unrealized Holding G/L - Income, 10,000; Credit: Fair Value Adjustment, 10,000 Debit: Unrealized Holding G/L - Income, 5.000; Adjustment. 5,000 Credit: Fair Value Debit: Fair Value Adjustment, 10.000; Income, 10,000 Credit: Unrealized Holding G/L - Debit: Fair Value Adjustment, 5.000; Income, 5.000 Credit: Unrealized Holding G/L