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K On May 1, 2023, Jordyn Bryant purchases an investment contract with a maturity value of $200,000. These investment contracts were issued Ma period May
K On May 1, 2023, Jordyn Bryant purchases an investment contract with a maturity value of $200,000. These investment contracts were issued Ma period May 1, 2023, to December 31, 2024, on December 31, 2024. The remaining interest is only payable on April 30, 2027. With respect to the statements is correct? O A. Jordyn will not have to include any interest for 2023 and $12,000 in 2024. B. Jordyn will not have to include any interest for 2023 and nil in 2024. C. Jordyn will have to recognize $8,000 in 2023 and $12,000 in 2024. O D. Jordyn will not have to include any interest for 2023 and $20,000 in 2024
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