For the bonds issued in Question above, what is the carrying value of the bonds at the end of the third interest period? (a) $486,000. (c) $472,000. (b) $488,000. (d) $464,000. . Pryor Company receives net proceeds of $42,000 on the sale of stock investments that cost $39,500. This transaction will result in reporting in the income statement a: (a) loss of $2,500 under "Other expenses and losses." (b) loss of $2,500 under "Operating expenses." (c) gain of $2,500 under "Other revenues and gains." (d) gain of $2,500 under Operating revenues