is Kleso, Intermediate Accounting, 17e INTERMEDIATE FINANCIAL ACCOUNTING (301/302) CLORATOR BACK Questions On January 1, Vaughn Manufacturing inued 54000000, 0% bonds for 54595000. The market rate of interest for these bonds is 10%. Interest is payable anualy on December 31. auguses the effective-interest method of amortizing bond discount. At the end of the first year, Vaughn should report namortized bond discount of $275500 $286500 $256000 $259050 Click if you would like to show Work for this question Open Show Work Question Attempts of 1 used Question On January 2, 2001 Pharoah Company purchased 30of the standing common cofine and sented the ty method to account for the investment. During 2021 Jobs, Inc. reported net income of $1300000 and distributed dividends of 560000. The ending balance in the investment in Pharoah Company account December 31, 2021 was $980000 fer applying the equity method during 2001. What was the purchase price Pharoah Company paid for its investment in Jobs, Ene? 1422000 S758000 5120300 $1538000 Click if you would like to Shew Work for this question Open Shows