On January 1, 2020, a company paid $100,000 to purchase 100 Government of Canada bonds that mature on December 31, 2024 and pay interest at 5%. At December 31, 2020, the bonds had a quoted price of $1,022 per bond.
Fill in the attached table assuming
a. Classified at fair value through profit or loss
b. Classified at fair value through other comprehensive income
c. Classified at amortized cost

\begin{array}{c}\begin{array}{|l|}\hline\\\hline \text {Financial asset category for the }\\\text {balance sheet}\\\hline \text {Accounting method that should}\\\text { be Used}\\\hline \\\hline \text {Dec 31, 2020 balance sheet value}\\\text { For the financial asset}\\\hline \text {Interest income for 2020}\\\hline \text {Unrealized gain or loss on the}\\ \text {income statement}\\\hline \text {Total recognized in the income}\\ \text {statement}\\\hline \text {Unrealized gain or loss in OCI}\\\hline \text {Total recognized in}\\\text {comprehensive income}\\\hline \end{array}\begin{array}{l|}\hline \text {a}\quad\quad\quad\quad\\\hline \\\\\hline \\\\\hline \\\hline \\\\\hline \\\hline \\\\\hline \\\\\hline \\\hline \\\\\hline \end{array}\begin{array}{l|}\hline \text {b}\quad\quad\quad\quad\\\hline \\\\\hline \\\\\hline \\\hline \\\\\hline \\\hline \\\\\hline \\\\\hline \\\hline \\\\\hline \end{array}\begin{array}{l|}\hline \text {c}\quad\quad\quad\quad\\\hline \\\\\hline \\\\\hline \\\hline \\\\\hline \\\hline \\\\\hline \\\\\hline \\\hline \\\\\hline \end{array}\end{array}

What Factor Is Important in Classifying an Investment at Fair

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