How do I solve this?Accrued interest for three months on the Dream Inc. bonds purchased on Oct. 1.

Dec. 31

Be sure to pro arte the accrued interest for three months.

Oct.

1

Purchased $90,000 of Dream Inc. 10-year, 5% bonds, directly from the issuing company, at their face amount plus accrued interest of $375. The bonds are classified as a held-to-maturity long-term investment.