Current Attempt in Progress Wildhorse Company purchased $1950000 of 9% bonds of Scott Company on January 1, 2021, paying $1842375. The bonds mature January 1.2031; interest is payable each July 1 and January 1. The discount of $107625 provides an effective yield of 10%. Wildhorse Company uses the effective-interest method and plans to hold these bonds to maturity. On July 1, 2021, Wildhorse Company should increase its Debt Investments account for the Scott Company bonds by O $5381. O $8738. O $4369. O $10763. Save for Later Attempts: 0 of 1 used Submit Answer