Question: Holden Company purchased the following securities during 20X1: Security Classification Cost Market Value (Dec. 31, 20X1) A Trading $9,000 $10,000 B Trading 10,000 16,000 On Jul. 23, 20X2, Holden sold all of the shares of Security B for a total of $9,500. As of Dec. 31, 20X2, the shares of Security A had a market value of $5,800. No other activity occurred during 20X2 in relation to the trading security portfolio. What amount should Holden Company report as REALIZED GAIN OR LOSS in the 20X2 income statement? Realized Gain of $6,500 Realized Loss of $500 Realized Gain of $500 Realized Loss of $6,500