Dell Company purchased 400,000 of 10% bonds of Scot Co. on January 1, 2022, paying 376,100. The bonds mature January 1, 2032; interest is payable cach July 1 and January 1 . The discount provides an effective yield of 11%. Dell Company ases the effective-interest method and bolds these bonds for collection On July 1, 2022, Dell Cornpany should coenpute amortization for the Scot Co. bonds approximately by A. 2,392 B. 1,371. C. EI,196 D. E686. Kramer Company's trading debt investments portfolio is as follows: What amount should be reported as a loss of gain in Kramer's 2022 income statement, if the old balance of unrealized gain of loss in the previous year december 31 , 2021 was 40,000 loss? A. 0. B. 30,000 Loss: C. 10,000 Gain. D. 10,000 Loss. On December 31,2022, Redmond, Inc, has a held-for-collection debt investment in the bonds of Osbom Company with a amortixed cost of E700,000. Due to poor econornic conditions for Osbom, Redmond will not be able to collect all contractual eash flows and the fair value of the bonds was 6600,000 . How much, if any, the unrealized gain or loss will Redmond, Inc, report on its income statement for the year ending December 31, 2022? A. 0 B. 100,000 Gain. C. E100,000 Loss. D. 700,000 Gain. Dell Company purchased 400,000 of 10% bonds of Scott Co. on January 1, 2022, paying 376,100, The bonds mature January 1, 2032; interest is payable each July 1 and January 1. The discount provides an effective yield of 11%. Dell Company uses the effective-interest method and holds these bonds for collection On December 31, 2022, Dell Company should record interest revenue for Seot Co. bonds approximately by A. 20,686. B. 20,723. C. 641,409 . D. 40,000