QUESTION 43 Mazzeo Company acquires 80 Dodd's 10%, 5 year, $1,000 bonds on January 1, 2014 for $90,000. I Mazzeo sells all of its Dodd's Bonds for $78,400 what gain or loss is recognized? OA Gain of $9,600 OB L oss of $9,800 OC Gain of $1,600 OD Loss of $1,600 UESTION 44 If a debt investment is sold, the investment account is debited for the book value of the bonds at the sale date. debited for the cost of the bonds at the sale date. credited for the cost of the bonds at the sale date. OD. credited for the fair value of the bonds at the sale date