?

Information regarding Shelton Co.’s portfolio of availablefor- sale securities is as follows:
Aggregate cost as of 12/31/Y1 $150,000
Unrealized gains as of 12/31/Y1 14,000
Unrealized losses as of 12/31/Y1 26,000
Net realized gains during year 1 30,000
Shelton elects to use the fair value option for reporting all available- for-sale securities. At December 31, year 1, what total amount should Shelton report on its income statement?