An investment in debt or equity securities may be transferred from one category to another. Assuming the fair value differs from cost at the date of transfer, which of the following will immediately result in reporting an amount on the income statement?

I. Transfer from available-for-sale to trading.

II. Transfer from held-to-maturity to available-for-sale.

III. Transfer from available-for-sale to held-to-maturity.

a. item I only

b. items I and II only

c. items I and III only

d. items II and III only

e. items I, II, and III