During 2015,Arnold Corporation purchased $6 million of 10 year municipal bonds at face value.On December 31,2017,the bonds had a market value of $6,600,000.Arnold reclassified the bonds from held-to-maturity to trading securities.Arnold's balance sheet and income statement for December 31,2017 will reflect which of the following?
A) 
B) 
C) 
D) 
Correct Answer:
Verified
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