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hi I need help answering the spelling question can you help me step-by-step thank you TB MC Qu. 12-29 (Algo) In 2019, Osgood Corporation purchased...

hi I need help answering the spelling question can you help me step-by-step thank you image text in transcribed
TB MC Qu. 12-29 (Algo) In 2019, Osgood Corporation purchased... In 2019, Osgood Corporation purchased $8.4 million worth of 10-year municipal bonds at face value. On December 31, 2021, the bonds had a fair value of $2,800,000 and Osgood reclassified the bonds from held-to- maturity to trading securities. Osgood's December 31, 2021, balance sheet and the 2021 income statement would show the following: Income statement loss on investments $ @ $5,6 , $5,600,000 $ Investment in bonds (TS) $2,800,000 $2,880,000 $8,400,000 $8,400,000 a. b. d. Multiple Choice Optionc Optiona Option Option

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