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Ivanhoe Compary purchased $3100000 of 8%,5-year bonds from Tamarisk, Inc, on January 1, 2021. with interest payable on July 1 and January 1 . The

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Ivanhoe Compary purchased $3100000 of 8%,5-year bonds from Tamarisk, Inc, on January 1, 2021. with interest payable on July 1 and January 1 . The bonds sold for $3224740 at an effective interest rate of 7%. Using the effective-interest method, Ivarhoe: Company decreased the Available-for-Sale Debt Securities account for the Tamarisk, Inc. bonds on July 1, 2021 and December 31 2021 by the amortized premiums of $10820 and $11180, respectively. At December 31,2021, the fair value of the Tamrisk, Inc bonds was $3280000. What should Ivanhoe Company report as other comprehensive income and as a separate component of stockholders' equity? $22000. No entry should be made. $77260. $55260. Attempts 0 of 1 used

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