Question: In 2 0 1 , Bloomberg purchased bonds with a cost of $ 1 3 2 . 0 0 0 and classified the irvestment as

In 201, Bloomberg purchased bonds with a cost of $132.000 and classified the irvestment as available for sale. At December 31,203, the investment has an amortized cost of $125,000, a fair value of $100,000, and an expected credit loss of $37,500. What amount of loss should Bloomberg report on this asset for 20c?
$37,500
$12.500
$25.000
$0
In 2 0 1 , Bloomberg purchased bonds with a cost

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