On December 31, 2010, Naples Company had investments in available-for-sale securities of $200,000 and a credit balance in Valuation Allowance for Available-for-Sale Investments of $20,000. On December...

On December 31, 2010, Naples Company had investments in available-for-sale securities of $200,000 and a credit balance in Valuation Allowance for Available-for-Sale Investments of $20,000. On December 31, 2011, the portfolio of available-for-sale securities had a cost of $215,000 and a fair value of $250,000. What was the unrealized gain or loss from available-for-sale securities reported on the income statement for 2011?

A. $0

B. $15,000 unrealized gain

C. $20,000 unrealized gain

D. $55,000 unrealized gain