Parrish Industries has bonds outstanding$($originally sold for$$ $$5,400,000)$ in the face amount of $ $5$ comma $800$ comma $000$ with a current bond discount of $ $100$ comma $000.$ The bonds were selling at $104$ on the market at its year end. What should be the balance of the Fair Value Adjustment on Bonds$$ Payable?

Question content area bottom

Part $1$

A$.$

$ $332$ comma $000$ credit balance

B$.$

$ $332$ comma $000$ debit balance

C$.$

$ $100$ comma $000$ debit balance

D$.$

$ $100$ comma $000$ credit balance