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7. On April 1, 2022, Bering Inc. purchased $20,000 of Warner Corporation's 10-year, 8 percent bonds at par plus accrued interest. Interest is payable

7. On April 1, 2022, Bering Inc. purchased $20,000 of Warner Corporation's 10-year, 8 percent bonds at par plus accrued interest. Interest is payable on June 30 and December 31. How much interest revenue should Bering report on its December 31, 2022, statement of comprehensive income as a result of this investment? Multiple-Choice (10 Points) A. $824 B. $800 C. $1,200 O D. $1,248

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