Question: On January 1 , 2 0 2 5 , Kingbird Company acquires $ 3 1 0 , 0 0 0 of Spiderman Products, Inc., 1

On January 1,2025, Kingbird Company acquires $310,000 of Spiderman Products, Inc., 10% bonds at a price of $295,109. Interest is received on January 1 of each year, and the bonds mature on January 1,2028. The investment will provide Kingbird Company a 12% yield. The bonds are classified as held-to-maturity.
(a)
6 Your answer is incorrect.
Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the straight-line method. (Round answers to 0 decimal places, es.1,225.)
\table[[\table[[Schedule of Interest Revenue and Bond Discount Amortization],[Straight-line Method],[10% Bond Purchased to Yield 12%
 On January 1,2025, Kingbird Company acquires $310,000 of Spiderman Products, Inc.,

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