Net Income Understated To Retained in Nomor Total Owner's Eve Overed et 29 yet wered Presented below is a bond investment amortization schedule for New York Company with related fair values provided. These are classified as available for sale they were purchased on 1/2 out od 12/21/22 12/21/21 12/21/20 Hay question Fow Value 5491,100 $519,000 $550.000 Amortized cost 5485,323 S509442 5539,535 Were these bonds purchased at a premium or discount and was the value of the FVA account a debitor credit on 12/31/227 Select one: O a Premium, debit O b. Premium, credit O c Discount, debit O d. Discount credit ston 30 that were purchased during 2019, its first year of operation