Question: On January 1 , 2 0 2 2 , Riverbed Company acquires $ 2 2 0 , 0 0 0 of Nicklaus, Inc., 1 0

 On January 1,2022, Riverbed Company acquires $220,000 of Nicklaus, Inc., 10%

On January 1,2022, Riverbed Company acquires $220,000 of Nicklaus, Inc., 10% bonds at a price of $214,624. The interest is payable each December 31, and the bonds mature December 31,2024. The investment will provide Riverbed Company a 11% yield. The bonds are classified as held-for-collection.
(a)
Prepare a 3-year schedule of interest revenue and bond discount amortization. (Round answers to 2 decimal places, e.g.2,512.37.)
Date
Fill the boxes and also do part b
bonds at a price of $214,624. The interest is payable each December

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