36. Effects on consolidated financial statements of acquisition of affiliate's debt from non-affiliate On January 1, 2022, a Parent company has a debt outstanding that originally was issued at a discount and was purchased, on issuance, by an unaffiliated party. On July 1, 2022, a Subsidiary of the Parent purchased the debt from the unaffiliated party. The debt was purchased by the Subsidiary at a slight premium. The Parent is a calendar year company. Which one of the following statements is true? a. The consolidated balance sheet at December 31, 2022, will report none of the debt, and the consolidated income statement for the year ended December 31, 2022, will report a gain or loss from constructive retirement of the debt and will report some interest expense from the debt. b. The consolidated balance sheet at December 31,2022, will report none of the debt, and the consolidated income statement for the year ended December 31, 2022, will report a gain or loss from constructive retirement of the debt and will not report any interest expense from the debt. c. The consolidated balance sheet at December 31,2022, will report the debt, and the consolidated income statement for the year ended December 31, 2022, will report a gain or loss from constructive retirement of the debt and will not report any interest expense from the debt. d. The consolidated balance sheet at December 31, 2022, will report none of the debt, and the consolidated income statement for the year ended December 31, 2022, will not report any interest expense from the debt