On February 15, Jewel Company buys 7200 shares of Marcelo Corp. at $28.55 per share. The purchase is classified as a stock investment with insignificant influence. This is the company's first and only stock investment. On March 15, Marcelo Corp. declares a dividend of $1.17 per share payable to stockholders of record on April 15. Jewel Company received the dividend on April 30 and ultimately sells half of the Marcelo Corp. stock on November 17 of the current year for $29.33 per share. The fair value of the remaining shares is $29.53 per share at year-end. The amount that Jewel Company should report in the current-year income statement from its investment in Marcelo Corp. is:
a. Realized Gain—Income; $3528.
b. Unrealized Loss—Equity; $3528
c. Unrealized Gain—Income; $10,628.
d. Unrealized Gain—Income; $3528.
e. Unrealized Loss—Income; $3528