At the beginning of his current tax year, David invests $11,590 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $740 in interest ($370 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 5.4 percent

How much interest will he report this year if he does not elect to amortize the bond premium? *Fill out the following table*

Connect C Secure I https:/ew cor pps Q Andrew Malinsa l QonMusic Contemp connect.htrri i tge ral * QChapter 5 Flashcand DQB 2015 My QR VewAll Clothing l MCTPrters inc lob- M for Talent Scirn e room 5 trivagncom r Back This window shows your responses and what was marked correct and incorrect from your previous attempt. 2 Required information [The following information applies to the questions displayed below. At the beginning of his current tax year, David invests $11,590 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $740 in interest ($370 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 5.4 percent. (Round your intermediate calculations to the nearest whole dollar amount.) Part 2 of 5/10 points awarded Scored b. How much interest will he report this year if he does not elect to amortize the bond premium? Adjus Basis of Bond at Semiannual Premium Beginning of Semiannual Interest Received Amortization Reported Interest Period eri 740 11,590 740$ 11,590 2 Yearly Total 740 $ 740 AR AM /2017