In 2016, Osgood Corporation purchased $6.9 million of 10-year municipal bonds at face value. On December 31, 2018, the bonds had a fair value of $3,000,000 and Osgood reclassified the bonds from held to maturity to trading securities. Osgood's December 31, 2018, balance sheet and the 2018 income statement would show the following: Income Investment in statement loss municipal bonds 3,000,000 3,000,000 6,900,000 6,900,000 on investments a. b. 3,900,000 C. 3,900,000 d. 0 Multiple Choice Option a Option c Option d Option b