17-13 71. Kern Company purchased bonds with a face amount of $xxx,000 between interest payment dates. Kern purchased the bonds at xx, paid brokerage costs of $x, and paid accrued interest for three months of $x. The amount to record as the cost of this long-term investment in bonds is

17-14 92. During 2xx1, Woods Company purchased 20,000 shares of Holmes Corp. common stock for $315,000 as an available-for-sale investment. The fair value of these shares was $300,000 at December 31, 2xx1. Woods sold all of the Holmes stock for $17 per share on December 3, 2xx2, incurring $14,000 in brokerage commissions. Woods Company should report a realized gain on the sale of stock in 2xx2 of