Dicker Furriers purchased 1,000 bonds of Loose Corporation on January 10, 2017, for $800 per bond and classified the investment as securities available for sale. Loose's market value was $400 per bond on December 31, 2017, and the decline in value was viewed as temporary. As of December 31, 2018, Dicker still owned the Loose bonds whose market value had declined to $100 per share. The decline is due to a reason that's judged to be other than temporary. Dicker's December 31, 2018, balance sheet and the 2018 income statement would show the following: Investment in Loose stock Income statement loss on investments

a. 100,000 700,000

b. 100,000 300,000

c. 400,000 0

d. 100,000 300,000