On July $1,2026,$ Tanner$-$UNF Corporation acquired as a long$-$term Investment $$320\mathrm{.}0$ million of $4\mathrm{.}0\%$ bonds, dated July $1.$ Company

management has the positive intent and ability to hold the bonds until maturity. Tanner$-$UNF pald $$320\mathrm{.}0$ million for the bonds. The

company will recelve interest semlannually on June $30$ and December $31.$ As a result of changing market conditions, the fair value of

the bonds at December $31,2026,$ was $$300\mathrm{.}0$ million.

Required:

How will Tanner$-$UNF's investment in the bonds on July $1,2026$ affect the financlal statements?

How will Tanner$-$UNF's recelpt of Interest on December $31,2026,$ affect the financlal statements?

At what amount will Tanner$-$UNF report its Investment in the December $31,2026,$ balance sheet?

Suppose Moody's bond rating agency downgraded the risk rating of the bonds motlvating Tanner$-$UNF to sell the investment on

January $2,2027,$ for $$280\mathrm{.}0$ million. How will the sale of the bond investment affect Tanner$-$UNF's financlal statements?

Complete this question by entering your answers in the tabs below.

Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner$-$UNF to sell the investment

on January $2,2027,$ for $$280\mathrm{.}0$ million. How will the sale of the bond investment affect Tanner$-$UNF's financial statements?

Note: Enter your answers in millions, $($i$.$e$.,10,000,000$ should be entered as $10).$ Amounts to be deducted should be indicated

by a minus sign.