Question: East does not elect the fair value option for reporting these securities. In its December 31, 2010 balance sheet, East should report interest receivable of

East does not elect the fair value option for reporting these securities. In its December 31, 2010 balance sheet, East should report interest receivable of

a. $18,460

b. $20,000

c. $23,075

d. $25,000

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