practice problem!! not being used for a grade, just want help understanding.

Recognizing Income under the Fair Value Option On June 15, 2020, Diaz Inc. purchased $150,000 bonds at par value and elects to account for the bonds using the fair value option. On December 31, 2020, the bonds had a fair value of $156,000. Diaz Inc. sold the bonds on January 21, 2021, for $159,000. a. What is the impact on the income statement in 2020 and 2021 for the transactions described above? Impact on the income statement 2020 2021 Gain 15 $ Loss 15 $ b. How would your answer to (a) change if the bonds were instead classified as HTM securities and not accounted for using the fair value option? Impact on the income statement 2020 2021 Gain $ $ Loss $ $