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1. At the beginning of the year 2018, BLK Company has an investment property acquired at a cost of 3,000,000. On December 31, 2019, the

1. At the beginning of the year 2018, BLK Company has an investment property acquired at a cost of 3,000,000. On December 31, 2019, the fair value was 3,200,000 and on December 31, 2019.the fair value was 2,950,000. The property had a useful life of 25 years. Under the cost method, what is the expense recognized in the profit or loss for the year ended December 31, 2019? AND , Under the cost method, what is the carrying value of the investment that should be carried in the statement of financial position as of December 31, 2019?

2. At the beginning of the year 2018, BLK Company has an investment property acquired at a cost of 3,000,000. On December 31, 2019, the fair value was 3,200,000 and on December 31, 2020, the fair value was 2,950,000. The property had a useful life of 25 years Under the fair value method, what is the expense recognized in the profit or loss for the year ended December 31, 2019? AND, Under the fair value method, what is the carrying value of the investment that should be carried in the statement of financial position as of December 31, 2019?

3. On July 1, 2019, ALC Company purchased an 8-yr, 12% bonds with a face value of 5,875,000 at 103 plus accrued interest to be recognized at amortized cost. The bonds mature on June 30, 2023 and pay interest semi-annually on April 1 and October 1. How much should be reported as interest receivable as of December 31, 2020? How much should be reported as interest receivable as of December 31, 2020?

4. At the beginning of the current year, JC Company purchased 5- year bonds with a face amount of 3,250,000 at a stated interest of 10% per year payable semi-annually every January 1 and July 1. The bonds were acquired to yield 8%. The present value of an annuity of 1 for 10 periods at 5% is 7.72; present value of an annuity of 1 for 10 periods at 4% is 8.11; present value of 1 for 10 periods at 4% is .676; present value of 1 for 10 periods at 5% is .614; present value of 1 for 5 periods at 10% is .621; present value of 1 for 5 periods at 8% is .681. What is the market or purchase price of the bonds upon acquisition? What is the interest income for the current year?

PLEASE ANSWER AND HAVE A SOLUTION FOR EACH NUMBER SO I CAN UNDERSTAND

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