Ex. 8.3. On 1/1/A, P buys 80% of S for $80k; S fmy = nby = $75k CS, $25k RE (no differential). In years A, B, C, and D, P+S have Net Income / dividends of $60k/20k + 20k/5k, 80k/20k + 30k/10k, 100k/20k + 40k/10k, and 120k/20k + 50k/10k. On 1/1/A S issues $10k of 4-year 10% bonds to yield 12%; the bond date is 1/1/A. P repurchases 8 of the bonds on 1/1/B for $8202.50 (so...what was the market yield rate?). Provide bond entries, basic equity method entries, and workpaper eliminations for the 8 bonds only. Data below may help. Constructione lost Date .12 int pmt bal bal diff Date .09 int pmt bal S books exp /P books rev 1/1/B - (7616 587) 1/1/B - - (8203) 12/31/B 914 800 7730 12/31/B 738 800 8141 12/31/C | 927 800 7857 12/31/C 732 800 8073 12/31/D 800 8k 12/31/D 727 800 8k 2784 2197 943 5872 Ex. 8.3. On 1/1/A, P buys 80% of S for $80k; S fmy = nby = $75k CS, $25k RE (no differential). In years A, B, C, and D, P+S have Net Income / dividends of $60k/20k + 20k/5k, 80k/20k + 30k/10k, 100k/20k + 40k/10k, and 120k/20k + 50k/10k. On 1/1/A S issues $10k of 4-year 10% bonds to yield 12%; the bond date is 1/1/A. P repurchases 8 of the bonds on 1/1/B for $8202.50 (so...what was the market yield rate?). Provide bond entries, basic equity method entries, and workpaper eliminations for the 8 bonds only. Data below may help. Constructione lost Date .12 int pmt bal bal diff Date .09 int pmt bal S books exp /P books rev 1/1/B - (7616 587) 1/1/B - - (8203) 12/31/B 914 800 7730 12/31/B 738 800 8141 12/31/C | 927 800 7857 12/31/C 732 800 8073 12/31/D 800 8k 12/31/D 727 800 8k 2784 2197 943 5872