Bendi Corp. purchased 1,000 shares of Kala Corp. for $16 per share. The investment represents 5%…


 

Bendi Corp. purchased 1,000 distributes of Kala Corp. for $16 per distribute. The bombardment represents 5% tenure, and Bendi does not bear expressive swing. The reasonable appraise at year-end is $15 per distribute. Assuming no other transactions occurred, where would the $1 per distribute contrariety be reputed on the year-end financial statements?  A. Operating Income  B. Other Comprehensive Income  C. Other Income and(Expense)  D. None of the above