If the fair value of an available-for-sale investment declines below cost, and the company intends to sell the investment before fair value recovers: Multiple Choice The Investment is written down to fair value, and the entire impairment loss is recognized in other comprehensive Income. The testment is written down to fair value, and the entire impairment 1018 is recognized in net income The investment is written down to fair value, the credit loss is recognized in net income and any remaining impairment is recognized in other comprehensive Income The investment is not written down to fair value, but any credit losses are recognized in net income