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Current Attempt in Progress On October 1 , 2 0 2 3 . Sarasota Corp. purchased 3 3 0 , $ 1 0 0 0

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On October 1,2023. Sarasota Corp. purchased 330,$1000,8% bonds for $381000. An additional $8800 was paid for the accrued interest, which is paid semi-annually on December 1 and June 1. The bonds mature on December 1,2027 and will be held to maturit Sarasota uses the straight-line method of amortization and the amortized cost model for these bonds. Ignoring income taxes, the amount to be reported in Sarasota's 2023 income statement as a result of this investment is
$3540.
$9660.
$6600.
$4400.
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