Unruh Corp. began operations in 2007. An analysis of Unruh’s equity securities portfolio acquired in 2007 shows the following totals at December 31, 2007 for trading and available-for-sale securities:
Trading Securities Available-for Sale Securities
Aggregate cost $90,000 $110,000
Aggregate fair value $65,000 $95,000
What amount should Unruh report in its 2007 income statement for unrealized holding loss?
What steps do I follow to get $25,000.