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a 6.5 points Moon Co. purchased $1,000,000 of bonds at par Moon management has an active trading business model for this investment. At December 31,
a 6.5 points Moon Co. purchased $1,000,000 of bonds at par Moon management has an active trading business model for this investment. At December 31, Moon received anal interest of $40,000, and the fair value of the bonds was 5940,800. In Moon Co.'s year-end statement of financial position what amount will be reported for the bond investment and how much total income loss will be reported on its income statement? Statement of financial position A. $1,000,000 Statement of financial position B. 5940,500 Statement of financial position C. 5940,300 Statement of financial position D 5940,500 Income statement $40,000 Income statement 540,000 Income statement ($19,200) Income statement 549,600
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