On July 1, 2019, Delia's Delights Inc. purchased a 3-year, 575,000 face value bond with a June 30, 2022, maturity date. The band's stated rate of interest was 5% paid semiannually June 30 and December 31). The bond was properly reported as a trading security The fair value of the bond purchased by Dellor's was $73,500 on December 31, 2019. What was the balance in the Fair Value Adjustment account at December 31, 20197 What was the net dollar impact of any and all bond related entries on 2019 income before income taxes? Select one: The fair value of the bond purchased by Delia's was $73,500 on December 31, 2019. What was the balance in the Fai December 31, 2019? What was the net dollar impact of any and all bond related entries on 2019 income before inco Select one: FVA Effect on Account Bal. Net Income $1,500 Cr. $2.250 increase FVA Effect on Account Bal.Net Income $1,500 Dr $375 increase FVA Effect on Account Bal. Net Income 51,500 Cr. 5375 increase d. FVA Effect on Account Bal. Net Income $1,500 Dr. $2,250 increase FVA Effect on Account Bal. Net Income $1,500 Cr. 53,375 increase