At the beginning of his current tax year, Eric bought a corporate bond with a maturity value of $38,000 from the secondary market for $30.800. The bond has a stated annual interest rate of 5 percent payable on June 30 and December 31 , and it matyres in five years on December 31 Absent any special tox elections, now much interest income wal Eric report fiom the bond this year and in the year the band matures