Problem On January 1, 2020, Beckham acquired a 2,000,000, 5 year bond, 10% bond for 2,169,329. Transaction cost is 4,500. The ongoing interest rate on the date of the acquisition of the bonds was 7.8859%. The fair value of the bond at the end of each year are listed below: Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 101 98 105 A. Is the bond trading at discount or premium B. How much is the carrying amount/initial recognition of the bond for each of the below classification: i.) FVPL II.) FVOCI iii.) Amortized Cost C. How much is the amount of bond investment that will be recorded in the balance sheet (asset side) by the entity for each of the below classification on Dec 31, 2021 i.) FVPL II.) FVOCI iii.) Amortized Cost C. How much is the amount of interest that will be recorded in income statement by the entity for each of the below classification on Dec 31, 2022 i.) FVPL II.) FVOCI iii.) Amortized Cost