Fuzzy Monkey Technology, Inc., purchased as a long-term investment $80 million of 8% bonds, dated on January 1, 2021. Management has the positive intent and ability to hold the bonds until maturity. For bonds of similar risk and maturity, the market yield was 10%. The price paid for the bonds was $66 million. Interest is received semiannually on June 30 and December 31. Due to changing market conditions, the fair value of the bonds at December 31, 2021, was $70 million. Which of the following is correct regarding the amortization of discount on bond investment on June 30, 2021? A) Debit discount on bond investment $14.00 B) Debit discount on bond investment $3.20 C) Credit discount on bond investment $0.10 D) Debit discount on bond investment $0.10 A. A B.B C.C D.D