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Appling Enterprises issued 8% bonds with a face amount of $400,000 on January 1, 2013. The bonds sold for $331,364 and mature in 2032 (20

Appling Enterprises issued 8% bonds with a face amount of $400,000 on January 1, 2013. The bonds sold for $331,364 and mature in 2032 (20 years). For bonds of similar risk and maturity the market yield was 10%. Interest is paid semiannually on June 30 and December 31. Appling determines interest expense at the effective rate. Appling elected the option to report these bonds at their fair value. The fair values of the bonds at the end of each quarter during 2013 as determined by their market values in the over-the-counter market were the following: March 31 $ 350,000 June 30 340,000 September 30 335,000 December 31 342,000 1. By how much will Applings earnings be increased or decreased by the bonds (ignoring taxes) in the March 31 quarterly financial statements? (Input the amount as positive value. Round your answer to the nearest dollar amount.) Appling's earnings will be by $ 2. By how much will Applings earnings be increased or decreased by the bonds (ignoring taxes) in the June 30 quarterly financial statements? (Input the amount as positive value. Round your answer to the nearest dollar amount.) Appling's earnings will be by $ 3. By how much will Applings earnings be increased or decreased by the bonds (ignoring taxes) in the September 30 quarterly financial statements? (Input the amount as positive value. Round your answer to the nearest dollar amount.) Appling's earnings will be by $ 4. By how much will Applings earnings be increased or decreased by the bonds (ignoring taxes) in the December 31 annual financial statements? (Input the amount as positive value. Round your answer to the nearest dollar amount.) Appling's earnings will be by $

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