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1000 Dec. 31, 2021 cash DISCOun on Pond Investment -10666n perest revenue Amertizers 18+ Brief Exercise 12-4 (Static) Available-for-sale securities DOO 2.00 nancial buys and

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1000 Dec. 31, 2021 cash DISCOun on Pond Investment -10666n perest revenue Amertizers 18+ Brief Exercise 12-4 (Static) Available-for-sale securities DOO 2.00 nancial buys and sells securities which it classifies as available-for-sale. On December 27, 2021, S&L purchased Coca-Cola bonds at par for $875,000 and sold the bonds on January 3, 2022, for $880,000. At December 31, the bonds had a fair value of $873, the intent and ability to hold the investment until fair value recovers. Vhat pretax amounts did S&L include in its 2021 and 2022 net income as a result of this vestment? Pretax amount 2021 2022

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