Knowledge Check 01 Boyd Company has an investment in bonds issued by Milad Industries that are classified as available for sale securities. At December 31, Year 1, the amortized cost of the Milad bonds was $125,000 and the fair value of this investment was $127,000. Boyd sold these bonds for $130,000 on January 3, Year 2. Ignoring any interest earned on these bonds in Year 2. what is the impact of this sale on Boyd's net income for Year 2? Nel income