2. Merchandise inventory affect the Total for this question: 1 mark A. balance sheet B. income statement C. both of these D neither of these 3. The sale of equipment for $10,000 that cost $15,000, and had accumulated depreciation of $6,000 would result in a Total for this question: 1 mark A. loss of $3,000 B. loss of $1,000 C. gain of $1,000 D gain of $3,000 Total for this question: 2 marks A $10,000, 8%, 5-year bond pays fixed interest of $400 every six months. If the current market rate of interest is 6%, what is the present value of the bond? (Round to nearest dollar). A. $10,004 B. $10,882 C $10,852 D. $10,054