eo Contgt Liab BONUS On January 1, Year 1 Residence Company issued bonds with a $50,000 face value. The bonds were issued at face value. They had a 20 year term and a stated rate of Interest of 7%. Which of the following shows how the payoff of the bond liability will affect Residence's financial statements on December 31, Year 20 hematomy date)? Assets Balance Sheet Liab. NA + Income Statement - Exp. Net Inc. - NA NA NA NA - NA - NA NA Statement of Cash Flows (50, 600) IA (50,000) FA 50,IA (50,000) FA EquityR ev. NA N A NA NA NA N A NA NA NA 50.000 - (50,000) = NA 50.000 50,000) + Murple Choice O poon Opon e here to search Option B Optionc Option D Search