A company (the investor) purchased $800,000 of 9%, 10-year bonds from the investee on January 1, 2020 and classified the bonds as available-for-sale. The bonds sold for $658,250. Using the effective-interest method, the investor company amortized the premium/discount for the investee bonds by $114 and $231 on 12/31/2020 and 12/31/2021, respectively (assumed).
At December 31, 2020, the fair value of the investee bonds was $833,000.
At December 31, 2021, the fair value of the investee bonds was $932,000.
What should the investor company report as unrealized holding gains or losses for the year ended on 12/31/2021?
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