for 2023) x C Depot Company purchased 200,000 of 10% bonds of Garrison Co. on January 1, 2022, paying 211,950. The bonds mature January 1, 2032; interest is payable each July 1 and January 1. The discount of 11,950 provides an effective yield of 9%. Depot's objective is to hold the bonds to collect the contractual cash flows. Depot Company uses the effective interest method. For the year ended December 31, 2022, Depot Company should report interest revenue from the Garrison Co. bonds at