Please show calculations and add explanations

11) (2 points) ABC Inc. purchased the following short-term equity securities on January 1, 2X15: Company D, Inc. E, Inc. F, Inc. # of Shares Price/share Total Cost 250 $22 $ 5,500 300 22 6,600 500 7,000 $19,100 14 The quarter-end prices per share were as follows: Company D, Inc. E, Inc. F, Inc. 03/31/2X15 06/30/2X15 09/30/2X15 12/31/2X15 $23 $21 $22 $21 24 20 23 24 15 14 13 13 ABC Inc. considers D, Inc. stock to be a trading security and E, Inc. and F, Inc. to be available-for-sale securities. What will be the net gain or loss reported on the income statement of ABC Inc. for the three-month period ending June 30, 2X15? A) $250 B) $(400) C) $(200) D) $(1,300) E) ($500)