Star Company holds available for sale bond securities with a par value and amortized cost of $1 million. The fair value of these securities is $850,000. In evaluating the securities at December 31, 2020, Star determined that it's expected credit loss is $120,000. At December 31, 2020 Star Company records the impairment as follows. Select one: O a. Debit Loss on Impairment for $150,000 and credit Allowance for Impaired Debt Investments - AFS for $150,000. O b. Debit Loss on Impairment for $120,000 and credit Allowance for Impaired Debt Investments - AFS for $120,000. O c. Debit Loss on Impairment for $120,000 and credit Debt Investments - AFS for$120,000. O d. Debit Loss on Impairment for $150,000 and credit Debt Investments - AFS for $150,000