Medina Company purchases a $50,000 bond, at face value, on October 1, 2019. The company intends and has the ability to hold the bond to maturity. Medina could:

Group of answer choices

A) Account for the investment using the amortized cost method.

B) Elect on October 1 to report the investment at fair value (under the fair value option) and recognize current and future unrealized gains or losses in the income statement.

C) Elect on October 1 to report the investment at cost, and then at year-end elect to apply the fair value option to the security

D) A or B

E) A or C