How to complete question 50PB in Chapter 8, step by step. In the textbook "Financial Accounting, 12th Edition, ISBN 9780134725987"

Assume that Clear Networks owns the following long-term available-for-sale investments: Questions 4446 use the following data: Assume that Clear Networks owns the following long-term available-for-sale investments: Number of Shares Cost per Share Company V $58 Harper Corp. Weston, Inc. Rainglow Ltd. 800 250 400 24 On January 1, 2016, Macrostore, Inc., purchased $100,000 face value of the 5% bonds of Service Express, Inc., at 110. The bonds mature on January 1, 2021. For the year ended December 31, 2019, Macrostore received cash interest of a. $5,500. c. $3,000. b. $7,000. d. $5,000. Company Harper Corp. Weston, Inc. Rainglow Ltd. Number of Shares 800 250 400 Cost per Share $58 9 24 Year-end Fair Value per Share $74 13 26 Dividend per Share $2.10 1.30 0.90