Question 17 2 points Save Answer Orange LID has the following investments at December 31, 2020: Historical cost $25,000 Fair value Fair value Sept 30, 2013 Sept 30, 2020 $15.000 $25,000 Fair value Dec 31, 2020 $30,000 Shares of DEF Bonds of Brooke purchased at par value) Shares of CooksTown Shares of Tulip 10,000 12,000 18.000 12.000 18,000 16,500 11,000 16,000 12.500 16,000 20.500 19.500 a 01 1 ei Orange, whose year-end is Sept.30. purchased the share of Tulip on January 1, 2019. If Orange irrevocably elected to classify its investment in Tulip at fair value through OCL what amount will be reported in other comprehensive income at September 30, 2020? $1,500 gain $2,500 gain $19,500 $3,000 gain