In 2019, Osgood Corporation purchased $8.2 million worth of 10-year municipal bonds at face value. On December 31, 2021, the bonds had a fair value of $3,200,000 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 loss on investments o jo Investment in bonds (TS) $3,200,000 $3,200,000 $8,200,000 $8,200,000 $5,000,000 $5,000,000