& Print Question 7 Not changed since last attempt Marked out of 2.00 P Flag question A company buys corporate bonds for $100 in 2019. At the end of 2019, the company still holds the investment and it has a market value of $115. In 2020, the company sells the investment for $108. How is this information reported in the company's 2019 and 2020 income statements if the investment is classified as an AFS investment? Select one: O A. Does not appear on the 2019 income statement; $7 loss on the 2020 income statement 0 B. Does not appear on the 2019 income statement; $8 gain on the 2020 income statement O C. $15 gain on the 2019 income statement; $7 loss on the 2020 income statement o D. $8 gain on the 2019 income statement; does not appear on the 2020 income statement