The Copper Company Has a Bond Investment Classified as Held

The Copper Company has a bond investment classified as held to maturity, which has a carrying value of $62, 000 and a fair value of $24, 000.The decline in value is considered as other than temporary.Copper should record the decline as

A)
$\begin{array}{ll}\text { Unrealized Loss on Value Decline } & 38,000 \\\text { Allowance for Change in } & \\\text { Value of Investment } & 38,000\end{array}$

B)
$\begin{array} { l } \text { Investment in Held-to-Maturity } \\\text { Debt Securities } \quad 38,000 \\\text { Realized Loss on Decline in Value } \quad 38,000 \\\end{array}$
C)
$\begin{array}{ll}\text { Realized Loss on Decline in Value } & 38,000 \\\text { Investment in Held-to-Maturity } & \\\text { Debt Securities } & 38,000\end{array}$
D)
$\begin{array} { l r } \text { Unrealized Loss on Value Decline } & 38,000 \\\text { Investment in Held-to-Maturity } & \\\quad \text { Debt Securities } & 38,000\end{array}$