Tanner-UNF Corporation acquired as a long-term investment $240 million of 6% bonds, dated July 1, 2018. Company management has the positive intent and ability to hold the bonds until maturity. The market interest rate (yield) was 8% for bonds of similar risk and maturity. Tanner-UNF paid $200 million for the bonds. The company will receive interest semiannually on June 30 and December 31. As a result of changing market conditions, the fair value of the bonds at December 31, 2018, was $210 million. Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2019, for $190 million. What if the amount of loss or gain Tanner-UNF will record on January 2, 2019? $39.20 $50.00 $30.00 $10.80

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