A corporation acquired a copyright by issuing 1,000 shares of $5 par common stock. At the time of the exchange, the stock was selling for $40 per share. The copyright had a carrying value of $18,000 to the author. The purchasing corporation should assign to the copyright a value of a. $18,000. b. $5,000. c. $32,000. d. $40,000.How is the premium or discount on held-to-maturity bond investments presented on the balance sheet? a. in a separate account that is reported separately from the investment account and not amortized b. in a separate account that is reported separately from the bonds and amortized over a period not to exceed five years c. as a part of the cost of the investment and amortized over a period not to exceed five years d. as a part of the cost of the investment and amortized over the remaining life of the bonds

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