Concept Overview Videos Saved Help Required information Knowledge Check 01 On January 1 Year 1, Broglie Company purchased 5922000 of bonds issued by Caro Company at face value Broglie had the positive intent and ability to hold debt securities to maturity. On December 31 Yeart, those bonds had a fair value of $950,000. That change in tal value was deemed to be temporary. Due to a change in circumstances. Broglie sold those bonds for $976,000 on March 1 Year 2 What is the amount of the gain that will be reported in net income for Year 2? O e 9 u E T F. H K NM