Question: A Moving to another question will tave this responde Question 2 Unicom Comparty purchased as a long-term investment 5720,000 of 0% bondidated on July 1,

A Moving to another question will tave this responde Question 2 Unicom Comparty purchased as a long-term investment 5720,000 of 0% bondidated on July 1, 2021 Management has the positive intent and ability to hold the bonds until maturity. For bonds of similar risk and maturity the market yield was 7%. The price paid for the bonds was $668.895. Interest is received semiannually on June 30 and December 31. Due to unforeseen circumstances, Unicom decided to sell its debt investment for $680,000 on January 1, 2023, at which time the bonds have an anized cost of 5674,455. The amount of gain (s) on sale of investment would be $11,165 $140,000) $4.269 $5.545

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