In 2019, Osgood Corporation purchased $4 million worth of 10-year municipal bonds at face value. On December 31, 2021, the bonds had a fair value of $3,600,000 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: loss on Income statement Investment in bonds (TS) investments a. $3,600,000 $ 0 b. $3,600,000 $400,000 c. $4,000,000 $400,000 d. $4,000,000 $ o A) Option a. B) Option b. OC) Option c. D) Option d