Pco. purchased term bonds at a premium on the open market. these bonds represented 20 percent of the outstanding class of bonds issued at a discount by s co., p's wholly owned subsidiary. p intends to hold the bonds until maturity. in a consolidated balance sheet, the difference between the bond carrying amounts in the two companies would be: a. included as a decrease to retained earnings. b. included as an increase to retained earnings. c. reported as a deferred debit to be amortized over the remaining life of the bonds. d. reported as a deferred credit to be amortized over the remaining life of the bonds.