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Question 14 1.5 points Save Answer Moon Co. purchased $1,000,000 of bonds at par. Moon management has an active trading business model for this investment. At December 31, Moon received annual interest of $40,000, and the fair value of the bonds was $940,800. In Moon Co.'s year-end statement of financial position what amount will be reported for the bond investment and how much total income/loss will be reported on its income statement? Statement of financial position A. $1,000,000 Statement of financial position B $940.800 Statement of financial position $940.800 Statement of financial position D. $940.800 Income statement $40,000 Income statement $40,000 Income statement (S19,200) Income statement $49.600 D Question 14 of 18 >>> Moving to another question will save this response. Close Window