The Plutonium Company Has a Bond Investment Classified as Held-To-Maturity $\quad$

The Plutonium 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. Plutonium should record the decline as

A) Unrealized Loss on Value Decline $\quad$ 38,000
Allowance for Change in Fair
Value of Investment $\quad$$\quad$$\quad$ 38,000

B) Investment in Held-to-Maturity Securities $\quad$ 38,000
Realized Loss on Decline in Value $\quad$$\quad$ 38,000

C) Realized Loss on Decline in Value $\quad$$\quad$$\quad$ 38,000
Investment in Held-to-Maturity Securities $\quad$ 38,000

D) Unrealized Loss on Value Decline $\quad$$\quad$$\quad$ 38,000
Investment in Held-to-Maturity Securities $\quad$ 38,000