Landmark Corp buys $550,000 of Schroeter Company's 8 %, 5-year bonds payable at par value on September 1. Interest payments are made semiannually Landmark plans to hold the bonds for the 5-year life. When the bonds mature, the journal entry to record the proceeds will be: Mubiple Choice Debit Long-Term Investments-HTM $550,000, credit Cash $550,000. Debit Cash $550,000, credit Interest Revenue $550,000. Debit Cash $550,000, credit Long-Term Investments-HTM $550,000. Debit Cash $55s0000, credit Interest Receivabie $550,000- Debit Cash $5s0000 credt Bonds Payable $550,000 On January 4, Year 1, Barber Company purchased 7.200 shares of Convell Company for $81.500 plus a broker's fee of $1.440 Convell Company has a total of 36.000 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell During each of the next two years, Convell declared and paid cash dividends of $0.85 per share, and its net income was $94.000 and $89,.000 for Year 1 and Year 2, respectively What is the book value of Barber's investment in Convell at the end of Year 2? Multiple Choice $82940 $107.300 $70,700 $119.540 $118.540 Save & Ea A company paid $27800 plus a broker's fee of $275 to acquire 8% bonds with a $30000 maturity value The company intends to hold the bonds to maturity The cash proceeds the company will receive when the bonds mature equal Multiple Choice $30,000 $30.275 $28,075 $27,800 $32,400