A $900,000, ten year, 10% bond issue was sold to yield 12%. Interest was payable annually. Actuarial information for ten periods follows: 10% 12% Present value of 1 0.38554 0.32197 Present value of annuity of 1 6.14457 5.65022 How much cash was received when the bonds were issued (rounded to the nearest dollar)? O $798,293 $899,997 $957,210 $1,010,600 Value declines in available-for-sale securities that are due to expected credit losses should be recorded in the other comprehensive income account O recorded similarly to temporary declines in value that are due to changes in interest rates amortized over the remaining life of the security o included in income as a realized loss An unrealized holding loss on a company's available-for-sale securities should be reflected in the current financial statements as: O an extraordinary item shown as a direct reduction from retained earnings O a current operating loss on the income statement resulting from holding securities O a note or parenthetical disclosure only other comprehensive income and deducted in the equity section of the balance sheet