Current Attempt in Progress

During $2023,$ Cheyenne Inc, purchased $2500,$ $$1000,10\%$ bonds. The bonds mature on March $1,2028$ and pay interest on March $1$ and September $1.$ The carrying value of the bonds at December $31\mathrm{.}2023$ was $$1967350.$ On September $1,2024,$ after the semi$-$annual interest was received, Brandon sold half of these bonds for $$1029800.$ Cheyenne uses straight$-$line amortization and has accounted for the bonds under the amortized cost model. The gain on the saie is

$$88737.$

$$3513.$

$$46125.$

$$0.$

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