In 2016, Osgood Corporation purchased $76 million of 10-year municipal bonds at face value On December 31, 2018, the bonds had a fair value of $2,600,000 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 statement loss Investment in municipal bonds on investments 2,600,000 a. b. 2,600,000 s,000,eee 5,000,000 7,600,000 C. d. 7,600,000 Multiple Choice Option b Option c Option d Option a