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Schlumberger Limited is an oilfield services company incorporated in Antwerp, Belgium. The management of Schlumberger Ltd. repurchases its own bonds in the open market. They

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Schlumberger Limited is an oilfield services company incorporated in Antwerp, Belgium. The management of Schlumberger Ltd. repurchases its own bonds in the open market. They pay 6.5 million for bonds with a face value of 10.0 million and a carrying value of 9.8 million. The company will most likely report Select one: a. other comprehensive income of 3.3 million b. other comprehensive income of 3.5 million c. a gain of 3.3 million on the income statement d. a gain of 3.5 million on the income statement

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