The Physical Capital Maintenance Concept of Income Would Require That

The physical capital maintenance concept of income would require that a company's bonds payable be

A) Reported in the balance sheet at their amortized issue price and that changes in their market values be reported in earnings.
B) Reported in the balance sheet at their amortized issue price and that changes in their market values not be reported in earnings.
C) Reported in the balance sheet at their fair market values and that changes in their market values be reported in earnings.
D) Reported in the balance sheet at their fair market values and that changes in their market values be reported in other comprehensive income.