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Sdve A In 2019, Osgood Corporation purchased $7.9 million worth of 10-year municipal bonds at face value. On December 31, 2021, the bonds had a

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Sdve A In 2019, Osgood Corporation purchased $7.9 million worth of 10-year municipal bonds at face value. On December 31, 2021, the bonds had a fair value of $3,800,000 and Osgood reclassified the bonds from held-to-maturity to trading securities. Osgood's December 31, 2021, balance sheet and the 2021 income statement would show the following Income statement Investment in bonds (TS) S 3,800,000 3,800,000 7,900,000 $ loss on investments 0 $ 4,100,000 4,100,000 0 a $ b C. d. Option a Option b Option c Option d 7,900,000

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