6. Your company owns 23,000 of the 50,000 outstanding shares of Paper, Inc. common stock. During 2018, Paper, inc. earns $1,500,000 and pays cash dividends of $800,000. You should report investment revenue for 2018 of... a. 690,000 b. 368,000 C. 400,000 7. A company issues $2,000,000 of 11%, 15-year bonds. These bonds were issued on December 31, 2018, and pay interest annually on each December 31. The bonds yield 9% and the company uses the effective rate method for recording interest. *need PV table a. Record the issuance of the bond. b. Record the entry for December 31, 2019 C. Record the entry for December 31, 2020