An AFS debt security's market value is less than its original cost. The loss is reported in income when:

	A.	Current market value is below carrying value.
	B.	Current market value is below cost, and it is more likely than not that the investor will sell it before the loss is recovered.
	C.	Current market value is at least 50% below cost.
	D.	Current market value is below carrying value and the decline is due to increases in market interest rates.

At the beginning of 2020, Fizzy Corporation and Healthy Beverages Company each invest $50,000,000 in a project to market ready-to-drink juices in Europe. Each has a 50% interest in this joint venture. During 2020, the joint venture reports income of $1,000,000 and pays dividends of $300,000 in cash. The joint venture's balance sheet at the end of 2020 looks like this: Current assets $ 500,000 Liabilities Property and equipment Total 170,200,000 $170,700,000 Equity Total $ 70,000,000 100,700,000 $170,700,000 At what amount will Fizzy report its investment in the joint venture on its balance sheet at the end of 2020? O A. $50,500,000 O B. $50,350,000 O C. $50,000,000 O D. $50,700,000